Kestra Private Wealth Services LLC Decreases Stock Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Kestra Private Wealth Services LLC lowered its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 21.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 323,605 shares of the company’s stock after selling 86,773 shares during the period. Kestra Private Wealth Services LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $11,601,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. LPL Financial LLC increased its stake in 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 buying an additional 2,628,717 shares during the period. 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 worth $154,064,000 after acquiring an additional 669,172 shares during the last quarter. Advance Capital Management Inc. purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter worth about $17,603,000. Strategic Financial Concepts LLC acquired a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the fourth quarter worth about $16,814,000. Finally, Stifel Financial Corp boosted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 16.3% in the third quarter. Stifel Financial Corp now owns 2,485,251 shares of the company’s stock valued at $90,415,000 after purchasing an additional 347,799 shares during the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Down 0.9 %

SDVY stock opened at $36.74 on Friday. The stock’s 50 day moving average is $37.13 and its two-hundred day moving average is $36.55. 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 company has a market capitalization of $8.19 billion, a PE ratio of 8.30 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

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

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.