Kestra Advisory Services LLC Boosts Stake in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Kestra Advisory Services LLC boosted its position in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 5.5% in the 1st quarter, Holdings Channel reports. The firm owned 1,659,688 shares of the company’s stock after buying an additional 87,259 shares during the quarter. Kestra Advisory Services LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $65,441,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Money Concepts Capital Corp grew its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 2.3% during the first quarter. Money Concepts Capital Corp now owns 40,810 shares of the company’s stock valued at $1,609,000 after buying an additional 905 shares during the last quarter. Griffith & Werner Inc. lifted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 13.3% during the 1st quarter. Griffith & Werner Inc. now owns 86,694 shares of the company’s stock worth $3,418,000 after acquiring an additional 10,167 shares during the last quarter. Richmond Investment Services LLC boosted its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 4.5% during the 1st quarter. Richmond Investment Services LLC now owns 414,692 shares of the company’s stock valued at $16,351,000 after acquiring an additional 17,972 shares during the period. Axxcess Wealth Management LLC boosted its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 11.6% during the 1st quarter. Axxcess Wealth Management LLC now owns 297,107 shares of the company’s stock valued at $11,715,000 after acquiring an additional 30,924 shares during the period. Finally, Advance Capital Management Inc. increased its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 35.1% in the first quarter. Advance Capital Management Inc. now owns 12,048 shares of the company’s stock worth $475,000 after purchasing an additional 3,133 shares during the period.

First Trust SMID Cap Rising Dividend Achievers ETF Trading Up 1.0%

NASDAQ:SDVY opened at $42.80 on Friday. First Trust SMID Cap Rising Dividend Achievers ETF has a twelve month low of $35.03 and a twelve month high of $43.63. The company has a market cap of $11.28 billion, a price-to-earnings ratio of 14.54 and a beta of 1.01. The stock has a fifty day simple moving average of $41.99 and a 200-day simple moving average of $41.12.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were issued a dividend of $0.0901 per share. The ex-dividend date was Thursday, June 25th. This represents a $0.36 dividend on an annualized basis and a yield of 0.8%.

First Trust SMID Cap Rising Dividend Achievers ETF Company 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.