Private Trust Co. NA Increases Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Private Trust Co. NA grew its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 36.9% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 23,277 shares of the company’s stock after purchasing an additional 6,275 shares during the period. Private Trust Co. NA’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $811,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. MGO One Seven LLC boosted its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 22.8% during the 3rd quarter. MGO One Seven LLC now owns 24,367 shares of the company’s stock valued at $688,000 after purchasing an additional 4,532 shares during the last quarter. NBC Securities Inc. purchased a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the third quarter valued at approximately $510,000. Lincoln National Corp lifted its position in First Trust SMID Cap Rising Dividend Archievers ETF by 7.3% during the third quarter. Lincoln National Corp now owns 12,746 shares of the company’s stock valued at $360,000 after purchasing an additional 868 shares during the period. Cottage Street Advisors LLC raised its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 18.8% during the 3rd quarter. Cottage Street Advisors LLC now owns 12,210 shares of the company’s stock valued at $345,000 after buying an additional 1,933 shares during the last quarter. Finally, Kingsview Wealth Management LLC lifted its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 13.5% during the 3rd quarter. Kingsview Wealth Management LLC now owns 48,462 shares of the company’s stock valued at $1,368,000 after buying an additional 5,773 shares during the period.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

Shares of SDVY traded down $0.37 during trading hours on Thursday, hitting $33.94. The stock had a trading volume of 641,467 shares, compared to its average volume of 1,063,218. The firm has a market capitalization of $4.13 billion, a PE ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a 12 month low of $25.36 and a 12 month high of $34.97. The stock has a fifty day moving average price of $33.83 and a 200 day moving average price of $32.32.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were paid a dividend of $0.1032 per share. The ex-dividend date was Thursday, March 21st. This represents a $0.41 dividend on an annualized basis and a dividend yield of 1.22%.

First Trust SMID Cap Rising Dividend Archievers 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.