35,763 First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Shares Sold by Harbour Investments Inc.

Harbour Investments Inc. reduced its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 0.9% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,982,066 shares of the company’s stock after selling 35,763 shares during the quarter. First Trust SMID Cap Rising Dividend Achievers ETF accounts for about 2.4% of Harbour Investments Inc.’s investment portfolio, making the stock its 3rd biggest holding. Harbour Investments Inc. owned 1.51% of First Trust SMID Cap Rising Dividend Achievers ETF worth $161,592,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bank of America Corp DE raised 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 buying an additional 564,137 shares during the last quarter. Cetera Investment Advisers grew its holdings 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 buying an additional 227,423 shares during the last quarter. Royal Bank of Canada lifted its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 5.1% during the 1st quarter. Royal Bank of Canada now owns 6,670,911 shares of the company’s stock valued at $263,034,000 after acquiring an additional 322,622 shares during the period. Capital Investment Advisors LLC boosted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 2.6% during the 3rd quarter. Capital Investment Advisors LLC now owns 4,853,868 shares of the company’s stock valued at $196,970,000 after acquiring an additional 123,083 shares during the last quarter. Finally, Park National Corp OH boosted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 1.5% during the 3rd quarter. Park National Corp OH now owns 3,584,904 shares of the company’s stock valued at $145,475,000 after acquiring an additional 54,366 shares during the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Up 0.2%

Shares of NASDAQ SDVY traded up $0.10 during trading on Friday, reaching $42.84. 532,570 shares of the company traded hands, compared to its average volume of 1,248,302. The firm has a 50 day simple moving average of $41.94 and a 200-day simple moving average of $42.02. First Trust SMID Cap Rising Dividend Achievers ETF has a 52-week low of $36.40 and a 52-week high of $45.11. The stock has a market capitalization of $11.31 billion, a PE ratio of 15.63 and a beta of 1.02.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were given a dividend of $0.1002 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.9%. This is a positive change from First Trust SMID Cap Rising Dividend Achievers ETF’s previous quarterly dividend of $0.0901. The ex-dividend date was Thursday, September 24th.

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.