First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Shares Bought by AdvisorNet Financial Inc

AdvisorNet Financial Inc raised its position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 70.9% during the second quarter, Holdings Channel reports. The firm owned 4,620 shares of the company’s stock after buying an additional 1,916 shares during the quarter. AdvisorNet Financial Inc’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $154,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Investment Partners LTD. raised its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 1.5% in the first quarter. Investment Partners LTD. now owns 21,271 shares of the company’s stock valued at $741,000 after buying an additional 315 shares during the last quarter. TD Capital Management LLC raised its stake in 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. Hilltop Holdings Inc. raised its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 0.6% during the fourth quarter. Hilltop Holdings Inc. now owns 71,898 shares of the company’s stock worth $2,356,000 after purchasing an additional 444 shares during the period. Pitti Group Wealth Management LLC raised its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 6.6% in the 1st quarter. Pitti Group Wealth Management LLC now owns 8,430 shares of the company’s stock valued at $283,000 after acquiring an additional 525 shares during the period. Finally, Kingsview Wealth Management LLC raised its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 0.9% in the 1st quarter. Kingsview Wealth Management LLC now owns 61,726 shares of the company’s stock valued at $2,149,000 after acquiring an additional 534 shares during the period.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

First Trust SMID Cap Rising Dividend Archievers ETF stock traded up $0.56 during midday trading on Thursday, hitting $34.58. 1,133,936 shares of the stock were exchanged, compared to its average volume of 1,129,877. The firm has a market cap of $5.19 billion, a P/E ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a 1 year low of $26.40 and a 1 year high of $37.25. The company has a 50 day moving average price of $34.07 and a two-hundred day moving average price of $33.63.

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. Investors of record on Thursday, June 27th were given a $0.1503 dividend. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $0.60 annualized dividend and a yield of 1.74%.

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.