First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Shares Sold by Aprio Wealth Management LLC

Aprio Wealth Management LLC decreased its position in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 26.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 115,958 shares of the company’s stock after selling 41,397 shares during the quarter. Aprio Wealth Management LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $4,706,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE grew its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 6.3% in the first quarter. Bank of America Corp DE now owns 9,463,585 shares of the company’s stock worth $373,149,000 after purchasing an additional 564,137 shares during the period. Cetera Investment Advisers increased its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 2.9% during the first quarter. Cetera Investment Advisers now owns 7,943,362 shares of the company’s stock valued at $313,207,000 after purchasing an additional 227,423 shares in the last quarter. Royal Bank of Canada lifted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 5.1% during the first quarter. Royal Bank of Canada now owns 6,670,911 shares of the company’s stock valued at $263,034,000 after purchasing an additional 322,622 shares during the last quarter. Capital Investment Advisors LLC lifted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 2.6% during the third quarter. Capital Investment Advisors LLC now owns 4,853,868 shares of the company’s stock valued at $196,970,000 after purchasing an additional 123,083 shares during the last quarter. Finally, Park National Corp OH boosted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 1.5% in the 3rd quarter. Park National Corp OH now owns 3,584,904 shares of the company’s stock worth $145,475,000 after purchasing an additional 54,366 shares in the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Trading Down 1.1%

Shares of NASDAQ:SDVY opened at $42.03 on Friday. The stock has a fifty day simple moving average of $42.11 and a two-hundred day simple moving average of $41.91. First Trust SMID Cap Rising Dividend Achievers ETF has a 12-month low of $36.40 and a 12-month high of $45.11. The stock has a market capitalization of $11.09 billion, a price-to-earnings ratio of 14.54 and a beta of 1.01.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were paid a $0.1002 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Thursday, September 24th. This is a positive change from First Trust SMID Cap Rising Dividend Achievers ETF’s previous quarterly dividend of $0.0901.

About First Trust SMID Cap Rising Dividend Achievers ETF

The First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an equal-weighted index of small- and mid-cap US companies with historically increasing dividends and that meet various fundamental criteria. SDVY was launched on Nov 1, 2017 and is managed by First Trust.