Stephens Inc. AR Raises Holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Stephens Inc. AR boosted its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 357.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 89,674 shares of the company’s stock after acquiring an additional 70,073 shares during the quarter. Stephens Inc. AR’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $3,215,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. LPL Financial LLC increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 17.1% during the 3rd quarter. LPL Financial LLC now owns 17,987,114 shares of the company’s stock worth $654,371,000 after purchasing an additional 2,628,717 shares during the last quarter. Raymond James & Associates increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 18.8% during the third quarter. Raymond James & Associates now owns 4,234,856 shares of the company’s stock valued at $154,064,000 after acquiring an additional 669,172 shares during the last quarter. Capital Investment Advisors LLC raised its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 8.2% in the 4th quarter. Capital Investment Advisors LLC now owns 3,510,050 shares of the company’s stock valued at $125,835,000 after acquiring an additional 267,372 shares during the period. Park National Corp OH lifted its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 11.7% in the 4th quarter. Park National Corp OH now owns 2,827,593 shares of the company’s stock worth $101,369,000 after acquiring an additional 296,558 shares during the last quarter. Finally, Stifel Financial Corp boosted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 16.3% during the 3rd quarter. Stifel Financial Corp now owns 2,485,251 shares of the company’s stock worth $90,415,000 after purchasing an additional 347,799 shares during the period.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Up 0.1 %

SDVY opened at $36.95 on Wednesday. First Trust SMID Cap Rising Dividend Archievers ETF has a 52 week low of $31.50 and a 52 week high of $40.60. The business has a fifty day simple moving average of $37.07 and a 200-day simple moving average of $36.57. The firm has a market cap of $8.23 billion, a P/E ratio of 8.30 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a $0.1821 dividend. The ex-dividend date of this dividend was Friday, December 13th.

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.