Ritter Daniher Financial Advisory LLC DE Makes New Investment in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Ritter Daniher Financial Advisory LLC DE purchased a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 40,425 shares of the company’s stock, valued at approximately $1,537,000.

A number of other institutional investors also recently bought and sold shares of the stock. Cetera Investment Advisers increased its position in First Trust SMID Cap Rising Dividend Achievers ETF by 5.5% in the second quarter. Cetera Investment Advisers now owns 5,276,231 shares of the company’s stock worth $186,145,000 after buying an additional 273,077 shares in the last quarter. Capital Investment Advisors LLC raised its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 5.0% during the 3rd quarter. Capital Investment Advisors LLC now owns 4,170,826 shares of the company’s stock worth $158,573,000 after acquiring an additional 198,680 shares during the period. Park National Corp OH boosted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 1.1% in the third quarter. Park National Corp OH now owns 3,412,175 shares of the company’s stock worth $129,729,000 after purchasing an additional 35,601 shares during the period. Commonwealth Equity Services LLC increased its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 17.1% in the third quarter. Commonwealth Equity Services LLC now owns 3,384,431 shares of the company’s stock worth $128,674,000 after purchasing an additional 494,306 shares in the last quarter. Finally, Harbour Investments Inc. raised its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 472.9% during the 2nd quarter. Harbour Investments Inc. now owns 2,835,642 shares of the company’s stock valued at $100,041,000 after purchasing an additional 2,340,638 shares during the period.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Performance

Shares of First Trust SMID Cap Rising Dividend Achievers ETF stock opened at $40.55 on Friday. The company has a fifty day moving average of $39.25 and a 200 day moving average of $38.00. The company has a market capitalization of $10.14 billion, a P/E ratio of 14.54 and a beta of 1.12. First Trust SMID Cap Rising Dividend Achievers ETF has a fifty-two week low of $28.84 and a fifty-two week high of $41.33.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

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

First Trust SMID Cap Rising Dividend Achievers ETF Profile

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.