J.W. Cole Advisors Inc. Has $7.45 Million Stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

J.W. Cole Advisors Inc. grew its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 10.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 204,658 shares of the company’s stock after buying an additional 19,324 shares during the period. J.W. Cole Advisors Inc. owned approximately 0.12% of First Trust SMID Cap Rising Dividend Archievers ETF worth $7,445,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. Hazlett Burt & Watson Inc. acquired a new stake in First Trust SMID Cap Rising Dividend Archievers ETF during the 2nd quarter worth $28,000. Strategic Financial Concepts LLC acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the second quarter worth about $28,000. EverSource Wealth Advisors LLC bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during 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 in the 2nd quarter valued at approximately $35,000. Finally, ORG Partners LLC bought a new stake in First Trust SMID Cap Rising Dividend Archievers ETF during the 3rd quarter worth approximately $73,000.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

SDVY traded down $0.37 during trading on Friday, reaching $35.90. The company had a trading volume of 590,075 shares, compared to its average volume of 1,109,984. The company has a market cap of $6.23 billion, a P/E ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a 12 month low of $26.40 and a 12 month high of $37.55. The business’s fifty day moving average price is $35.79 and its 200 day moving average price is $34.58.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a dividend of $0.1383 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.55 dividend on an annualized basis and a dividend yield of 1.54%.

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.