First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Stock: Sigma Planning Corp Decreases Holdings

Sigma Planning Corp trimmed its holdings in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 50.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 318,763 shares of the company’s stock after selling 318,650 shares during the quarter. Sigma Planning Corp owned 0.12% of First Trust SMID Cap Rising Dividend Achievers ETF worth $12,935,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Valley National Advisers Inc. raised its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 1.7% during the 3rd quarter. Valley National Advisers Inc. now owns 83,691 shares of the company’s stock valued at $3,396,000 after buying an additional 1,416 shares during the last quarter. Bright Financial Advisors Inc. lifted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 3.4% in the 3rd quarter. Bright Financial Advisors Inc. now owns 189,499 shares of the company’s stock valued at $7,690,000 after buying an additional 6,184 shares during the period. Capital Investment Advisors LLC lifted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 2.6% in the 3rd quarter. Capital Investment Advisors LLC now owns 4,853,868 shares of the company’s stock valued at $196,970,000 after buying an additional 123,083 shares during the period. Fifth Third Wealth Advisors LLC boosted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 9.8% in the third quarter. Fifth Third Wealth Advisors LLC now owns 10,900 shares of the company’s stock worth $442,000 after buying an additional 977 shares during the last quarter. Finally, Brookstone Capital Management boosted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 12.2% in the third quarter. Brookstone Capital Management now owns 152,771 shares of the company’s stock worth $6,199,000 after buying an additional 16,554 shares during the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

First Trust SMID Cap Rising Dividend Achievers ETF stock opened at $42.06 on Monday. The firm has a market cap of $11.10 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 52 week low of $36.40 and a 52 week high of $45.11. The business’s 50-day moving average price is $42.29 and its 200 day moving average price is $42.41.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were issued a $0.1002 dividend. The ex-dividend date of this dividend was Thursday, September 24th. This is a boost from First Trust SMID Cap Rising Dividend Achievers ETF’s previous quarterly dividend of $0.0901. 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.