First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Holdings Raised by JSF Financial LLC

JSF Financial LLC grew its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 55.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 891,631 shares of the company’s stock after acquiring an additional 316,764 shares during the quarter. First Trust SMID Cap Rising Dividend Achievers ETF comprises approximately 6.9% of JSF Financial LLC’s investment portfolio, making the stock its 4th largest holding. JSF Financial LLC owned about 0.34% of First Trust SMID Cap Rising Dividend Achievers ETF worth $35,157,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. LPL Financial LLC grew its position in First Trust SMID Cap Rising Dividend Achievers ETF by 4.8% during the 4th quarter. LPL Financial LLC now owns 24,892,169 shares of the company’s stock worth $953,868,000 after purchasing an additional 1,135,800 shares during the last quarter. Morgan Stanley raised its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 0.7% in the fourth quarter. Morgan Stanley now owns 17,946,856 shares of the company’s stock worth $687,724,000 after buying an additional 130,885 shares during the last quarter. Raymond James Financial Inc. lifted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 9.8% during the fourth quarter. Raymond James Financial Inc. now owns 14,105,263 shares of the company’s stock worth $540,514,000 after buying an additional 1,261,249 shares during the period. Bank of America Corp DE lifted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 8.3% during the third quarter. Bank of America Corp DE now owns 7,982,389 shares of the company’s stock worth $303,486,000 after buying an additional 614,123 shares during the period. Finally, Cetera Investment Advisers lifted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 6.2% during the fourth quarter. Cetera Investment Advisers now owns 7,715,939 shares of the company’s stock worth $295,675,000 after buying an additional 451,662 shares during the period.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

Shares of SDVY opened at $43.07 on Tuesday. The company’s fifty day moving average price is $42.15 and its 200-day moving average price is $41.31. First Trust SMID Cap Rising Dividend Achievers ETF has a 1-year low of $35.03 and a 1-year high of $43.82. The firm has a market capitalization of $11.37 billion, a PE ratio of 14.54 and a beta of 1.01.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

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

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.