Ameritas Advisory Services LLC Purchases 34,779 Shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Ameritas Advisory Services LLC lifted its position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 138.3% in the 2nd quarter, Holdings Channel reports. The fund owned 59,920 shares of the company’s stock after acquiring an additional 34,779 shares during the quarter. Ameritas Advisory Services LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $2,000,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Benjamin Edwards Inc. purchased a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the 1st quarter worth about $32,000. EverSource Wealth Advisors LLC bought a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the 1st quarter valued at about $34,000. Mather Group LLC. bought a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the second quarter worth approximately $35,000. VitalStone Financial LLC purchased a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter valued at approximately $39,000. Finally, TD Capital Management LLC lifted its position in First Trust SMID Cap Rising Dividend Archievers ETF by 27.7% during the fourth quarter. TD Capital Management LLC now owns 2,026 shares of the company’s stock valued at $66,000 after purchasing an additional 439 shares during the period.

First Trust SMID Cap Rising Dividend Archievers ETF Trading Down 0.1 %

NASDAQ:SDVY traded down $0.04 during trading hours on Friday, reaching $35.65. The company had a trading volume of 494,707 shares, compared to its average volume of 1,117,324. The firm’s 50 day moving average price is $34.50 and its 200-day moving average price is $33.86. The firm has a market cap of $5.35 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 $26.40 and a 52 week high of $37.25.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were issued a $0.1503 dividend. This represents a $0.60 annualized dividend and a yield of 1.69%. The ex-dividend date 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.