First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Reaches New 12-Month High at $35.01

First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) shares reached a new 52-week high on Monday . The stock traded as high as $35.01 and last traded at $34.99, with a volume of 303617 shares traded. The stock had previously closed at $34.51.

First Trust SMID Cap Rising Dividend Archievers ETF Trading Up 1.5 %

The stock has a market capitalization of $4.91 billion, a price-to-earnings ratio of 8.30 and a beta of 1.18. The company has a fifty day moving average of $33.72 and a two-hundred day moving average of $33.17.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were paid a $0.1503 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.72%. The ex-dividend date was Thursday, June 27th.

Institutional Investors Weigh In On First Trust SMID Cap Rising Dividend Archievers ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Harbor Investment Advisory LLC boosted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 123.0% in the 4th quarter. Harbor Investment Advisory LLC now owns 970 shares of the company’s stock valued at $32,000 after purchasing an additional 535 shares during the period. Benjamin Edwards Inc. acquired a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the first quarter valued at about $32,000. EverSource Wealth Advisors LLC bought a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the first quarter valued at about $34,000. Mather Group LLC. acquired a new stake in First Trust SMID Cap Rising Dividend Archievers ETF during the second quarter worth about $35,000. Finally, VitalStone Financial LLC bought a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter valued at about $39,000.

First Trust SMID Cap Rising Dividend Archievers ETF Company 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.