Clarity Capital Partners LLC Grows Stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Clarity Capital Partners LLC increased its stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 27.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 76,791 shares of the company’s stock after acquiring an additional 16,496 shares during the period. First Trust SMID Cap Rising Dividend Archievers ETF makes up approximately 1.6% of Clarity Capital Partners LLC’s investment portfolio, making the stock its 18th biggest position. Clarity Capital Partners LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $2,794,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Legacy Capital Group California Inc. raised its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 0.8% during the third quarter. Legacy Capital Group California Inc. now owns 45,225 shares of the company’s stock valued at $1,645,000 after acquiring an additional 343 shares in the last quarter. CX Institutional raised its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 0.4% during the third quarter. CX Institutional now owns 94,576 shares of the company’s stock valued at $3,441,000 after acquiring an additional 383 shares in the last quarter. Thrivent Financial for Lutherans raised its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 1.2% during the second quarter. Thrivent Financial for Lutherans now owns 36,085 shares of the company’s stock valued at $1,205,000 after acquiring an additional 417 shares in the last quarter. World Equity Group Inc. raised its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 0.4% during the second quarter. World Equity Group Inc. now owns 108,498 shares of the company’s stock valued at $3,622,000 after acquiring an additional 423 shares in the last quarter. Finally, Private Client Services LLC raised its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 6.6% during the second quarter. Private Client Services LLC now owns 6,929 shares of the company’s stock valued at $231,000 after acquiring an additional 426 shares in the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Up 0.3 %

Shares of NASDAQ:SDVY opened at $36.04 on Tuesday. The company has a market capitalization of $6.31 billion, a price-to-earnings ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a 52 week low of $27.26 and a 52 week high of $37.55. The firm has a 50 day moving average of $35.91 and a 200 day moving average of $34.74.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a $0.1383 dividend. This represents a $0.55 annualized dividend and a yield of 1.53%. The ex-dividend date was Thursday, September 26th.

First Trust SMID Cap Rising Dividend Archievers ETF 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.