Ameritas Advisory Services LLC Has $2 Million Stock Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Ameritas Advisory Services LLC grew its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 138.3% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 59,920 shares of the company’s stock after purchasing an additional 34,779 shares during the quarter. Ameritas Advisory Services LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $2,000,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Benjamin Edwards Inc. acquired a new stake in First Trust SMID Cap Rising Dividend Archievers ETF in the first quarter valued at $32,000. EverSource Wealth Advisors LLC bought a new stake in First Trust SMID Cap Rising Dividend Archievers ETF in the 1st quarter valued at about $34,000. Mather Group LLC. acquired a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 2nd quarter worth approximately $35,000. VitalStone Financial LLC bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter worth approximately $39,000. Finally, TD Capital Management LLC increased its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 27.7% during the fourth quarter. TD Capital Management LLC now owns 2,026 shares of the company’s stock worth $66,000 after purchasing an additional 439 shares during the period.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Performance

Shares of SDVY stock traded down $0.04 during trading on Friday, hitting $35.65. The company had a trading volume of 494,707 shares, compared to its average volume of 1,117,324. The stock’s 50-day moving average price is $34.50 and its 200 day moving average price is $33.86. First Trust SMID Cap Rising Dividend Archievers ETF has a one year low of $26.40 and a one year high of $37.25. The firm has a market capitalization of $5.35 billion, a P/E ratio of 8.30 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were given a $0.1503 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.69%. The ex-dividend date of this dividend was Thursday, June 27th.

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.