Susquehanna International Group LLP Sells 22,394 Shares of First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Susquehanna International Group LLP cut its holdings in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 69.4% during the 2nd quarter, HoldingsChannel reports. The fund owned 9,858 shares of the company’s stock after selling 22,394 shares during the quarter. Susquehanna International Group LLP’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $425,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of SDVY. Smartleaf Asset Management LLC acquired a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the fourth quarter valued at approximately $28,000. Anchor Investment Management LLC acquired a new stake in First Trust SMID Cap Rising Dividend Achievers ETF during the first quarter worth approximately $30,000. High Note Wealth LLC bought a new position in First Trust SMID Cap Rising Dividend Achievers ETF during the 4th quarter worth $32,000. Russell Investments Group Ltd. increased its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 254.2% during the 4th quarter. Russell Investments Group Ltd. now owns 1,151 shares of the company’s stock worth $44,000 after acquiring an additional 826 shares during the period. Finally, Tucker Asset Management LLC acquired a new position in First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter valued at $49,000.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Performance

NASDAQ:SDVY opened at $43.21 on Tuesday. The company has a market cap of $11.42 billion, a price-to-earnings ratio of 14.54 and a beta of 1.01. First Trust SMID Cap Rising Dividend Achievers ETF has a fifty-two week low of $36.40 and a fifty-two week high of $45.11. The stock has a fifty day moving average price of $43.60 and a 200-day moving average price of $42.07.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

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

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.