Moors & Cabot Inc. Purchases 1,907 Shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Moors & Cabot Inc. increased its holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 3.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 50,814 shares of the company’s stock after acquiring an additional 1,907 shares during the quarter. Moors & Cabot Inc.’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $1,696,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in SDVY. ORBA Wealth Advisors L.L.C. bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter valued at approximately $933,000. Osaic Holdings Inc. boosted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 7.6% during the first quarter. Osaic Holdings Inc. now owns 1,769,500 shares of the company’s stock valued at $61,619,000 after purchasing an additional 125,091 shares in the last quarter. B. Riley Wealth Advisors Inc. boosted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 76.0% during the fourth quarter. B. Riley Wealth Advisors Inc. now owns 34,027 shares of the company’s stock valued at $1,115,000 after purchasing an additional 14,689 shares in the last quarter. Leo Wealth LLC bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter valued at approximately $1,562,000. Finally, Krilogy Financial LLC purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 1st quarter worth $362,000.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

SDVY opened at $35.66 on Wednesday. The firm has a market capitalization of $5.35 billion, a PE ratio of 8.30 and a beta of 1.18. The business’s 50-day moving average is $34.94 and its two-hundred day moving average is $34.08. First Trust SMID Cap Rising Dividend Archievers ETF has a 1 year low of $26.40 and a 1 year high of $37.25.

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 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.

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.