Virtus Family Office LLC Purchases 13,183 Shares of First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Virtus Family Office LLC raised its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 14.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 106,427 shares of the company’s stock after acquiring an additional 13,183 shares during the quarter. First Trust SMID Cap Rising Dividend Achievers ETF makes up approximately 3.5% of Virtus Family Office LLC’s holdings, making the stock its 11th largest position. Virtus Family Office LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $4,078,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of SDVY. Raymond James Financial Inc. boosted its position in First Trust SMID Cap Rising Dividend Achievers ETF by 6.9% during the 3rd quarter. Raymond James Financial Inc. now owns 12,844,014 shares of the company’s stock valued at $488,323,000 after acquiring an additional 825,345 shares in the last quarter. Bank of America Corp DE boosted its position in First Trust SMID Cap Rising Dividend Achievers ETF by 8.3% during the 3rd quarter. Bank of America Corp DE now owns 7,982,389 shares of the company’s stock valued at $303,486,000 after acquiring an additional 614,123 shares in the last quarter. Trilogy Capital Inc. bought a new stake in First Trust SMID Cap Rising Dividend Achievers ETF during the 4th quarter valued at approximately $21,219,000. HighTower Advisors LLC boosted its position in First Trust SMID Cap Rising Dividend Achievers ETF by 20.3% during the 3rd quarter. HighTower Advisors LLC now owns 3,127,052 shares of the company’s stock valued at $118,890,000 after acquiring an additional 528,572 shares in the last quarter. Finally, UBS Group AG boosted its position in First Trust SMID Cap Rising Dividend Achievers ETF by 5.4% during the 3rd quarter. UBS Group AG now owns 6,746,792 shares of the company’s stock valued at $256,513,000 after acquiring an additional 344,834 shares in the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Performance

First Trust SMID Cap Rising Dividend Achievers ETF stock opened at $41.80 on Friday. The stock’s 50 day simple moving average is $40.85 and its two-hundred day simple moving average is $39.84. The stock has a market cap of $10.82 billion, a price-to-earnings ratio of 14.54 and a beta of 1.04. First Trust SMID Cap Rising Dividend Achievers ETF has a fifty-two week low of $33.44 and a fifty-two week high of $42.89.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were given a dividend of $0.0976 per share. This represents a $0.39 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Thursday, March 26th.

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.