First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC decreased its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 60.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,741,597 shares of the company’s stock after selling 5,753,875 shares during the period. Commonwealth Equity Services LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $151,834,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Kestra Private Wealth Services LLC grew its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 4.2% in the third quarter. Kestra Private Wealth Services LLC now owns 301,456 shares of the company’s stock valued at $12,233,000 after purchasing an additional 12,098 shares during the last quarter. Clear Point Advisors Inc. increased its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 1.9% in the third quarter. Clear Point Advisors Inc. now owns 18,474 shares of the company’s stock worth $750,000 after purchasing an additional 353 shares during the period. Compass Financial Management LLC increased its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 1.6% in the third quarter. Compass Financial Management LLC now owns 57,116 shares of the company’s stock worth $2,318,000 after purchasing an additional 927 shares during the period. Stiles Financial Services Inc increased its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 5.9% in the third quarter. Stiles Financial Services Inc now owns 22,364 shares of the company’s stock worth $908,000 after purchasing an additional 1,241 shares during the period. Finally, Frederick Financial Consultants LLC increased its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 13.9% in the third quarter. Frederick Financial Consultants LLC now owns 21,937 shares of the company’s stock worth $890,000 after purchasing an additional 2,683 shares during the period.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Performance

NASDAQ SDVY opened at $42.03 on Friday. First Trust SMID Cap Rising Dividend Achievers ETF has a twelve month low of $36.40 and a twelve month high of $45.11. The stock has a market capitalization of $11.10 billion, a PE ratio of 14.54 and a beta of 1.02. The stock has a 50-day simple moving average of $42.01 and a 200 day simple moving average of $41.96.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were issued a $0.1002 dividend. This is an increase from First Trust SMID Cap Rising Dividend Achievers ETF’s previous quarterly dividend of $0.0901. The ex-dividend date of this dividend was Thursday, September 24th. This represents a $0.40 dividend on an annualized basis and a yield of 1.0%.

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.