Thurston Springer Miller Herd & Titak Inc. Has $196,000 Position in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Thurston Springer Miller Herd & Titak Inc. decreased its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 92.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,168 shares of the company’s stock after selling 61,258 shares during the period. Thurston Springer Miller Herd & Titak Inc.’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $196,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Cresset Asset Management LLC raised its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 6.6% in the 1st quarter. Cresset Asset Management LLC now owns 42,253 shares of the company’s stock worth $1,415,000 after acquiring an additional 2,604 shares during the last quarter. Aptus Capital Advisors LLC raised its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 8.4% in the first quarter. Aptus Capital Advisors LLC now owns 406,520 shares of the company’s stock worth $13,618,000 after purchasing an additional 31,528 shares during the last quarter. Capital Analysts LLC lifted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 49.3% in the first quarter. Capital Analysts LLC now owns 28,647 shares of the company’s stock valued at $960,000 after purchasing an additional 9,459 shares in the last quarter. Purus Wealth Management LLC boosted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 0.7% during the first quarter. Purus Wealth Management LLC now owns 51,922 shares of the company’s stock valued at $1,739,000 after buying an additional 355 shares during the last quarter. Finally, Kestra Advisory Services LLC grew its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 19.2% during the first quarter. Kestra Advisory Services LLC now owns 1,269,114 shares of the company’s stock worth $42,515,000 after buying an additional 204,462 shares in the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Trading Down 0.6%

NASDAQ SDVY opened at $38.96 on Wednesday. The business has a fifty day simple moving average of $37.77 and a 200 day simple moving average of $37.02. First Trust SMID Cap Rising Dividend Achievers ETF has a 12 month low of $28.84 and a 12 month high of $39.60. The firm has a market capitalization of $9.36 billion, a P/E ratio of 14.54 and a beta of 1.12.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th will be issued a $0.1305 dividend. This is an increase from First Trust SMID Cap Rising Dividend Achievers ETF’s previous quarterly dividend of $0.10. This represents a $0.52 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Friday, December 12th.

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.