Astor Investment Management LLC Trims Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Astor Investment Management LLC lessened its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 5.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 182,179 shares of the company’s stock after selling 11,448 shares during the quarter. First Trust SMID Cap Rising Dividend Archievers ETF comprises 3.3% of Astor Investment Management LLC’s portfolio, making the stock its 15th largest holding. Astor Investment Management LLC owned approximately 0.08% of First Trust SMID Cap Rising Dividend Archievers ETF worth $6,531,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in SDVY. LPL Financial LLC grew its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 17.1% during the 3rd quarter. LPL Financial LLC now owns 17,987,114 shares of the company’s stock valued at $654,371,000 after buying an additional 2,628,717 shares in the last quarter. Park National Corp OH grew its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 292.0% during the 3rd quarter. Park National Corp OH now owns 2,531,035 shares of the company’s stock valued at $92,079,000 after buying an additional 1,885,435 shares in the last quarter. Raymond James & Associates grew its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 18.8% during the 3rd quarter. Raymond James & Associates now owns 4,234,856 shares of the company’s stock valued at $154,064,000 after buying an additional 669,172 shares in the last quarter. Cetera Investment Advisers grew its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 31.6% during the 2nd quarter. Cetera Investment Advisers now owns 2,421,412 shares of the company’s stock valued at $80,827,000 after buying an additional 580,783 shares in the last quarter. Finally, Advance Capital Management Inc. purchased a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the 4th quarter valued at about $17,603,000.

First Trust SMID Cap Rising Dividend Archievers ETF Trading Down 0.4 %

Shares of NASDAQ SDVY opened at $37.80 on Monday. First Trust SMID Cap Rising Dividend Archievers ETF has a 12 month low of $31.40 and a 12 month high of $40.60. The firm has a market capitalization of $8.28 billion, a price-to-earnings ratio of 8.30 and a beta of 1.18. The business has a 50-day moving average of $37.53 and a 200-day moving average of $36.42.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a dividend of $0.1821 per share. The ex-dividend date of this dividend was Friday, December 13th.

About First Trust SMID Cap Rising Dividend Archievers 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.