Stratos Wealth Advisors LLC Cuts Stock Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Stratos Wealth Advisors LLC decreased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 65.8% during the 4th quarter, Holdings Channel.com reports. The fund owned 34,342 shares of the company’s stock after selling 66,011 shares during the period. Stratos Wealth Advisors LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $1,231,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Assetmark Inc. increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 105.2% during the third quarter. Assetmark Inc. now owns 3,211 shares of the company’s stock worth $117,000 after acquiring an additional 1,646 shares during the period. Thrivent Financial for Lutherans increased its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 1.3% during the 3rd quarter. Thrivent Financial for Lutherans now owns 36,550 shares of the company’s stock worth $1,330,000 after purchasing an additional 465 shares during the period. Cherry Creek Investment Advisors Inc. raised its position in First Trust SMID Cap Rising Dividend Archievers ETF by 8.8% in the 3rd quarter. Cherry Creek Investment Advisors Inc. now owns 86,313 shares of the company’s stock valued at $3,140,000 after purchasing an additional 6,973 shares in the last quarter. Redhawk Wealth Advisors Inc. boosted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 16.4% in the 4th quarter. Redhawk Wealth Advisors Inc. now owns 150,303 shares of the company’s stock valued at $5,388,000 after buying an additional 21,199 shares during the period. Finally, Strong Tower Advisory Services acquired a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the third quarter worth about $1,102,000.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Down 0.2 %

Shares of NASDAQ:SDVY opened at $37.09 on Friday. First Trust SMID Cap Rising Dividend Archievers ETF has a fifty-two week low of $31.50 and a fifty-two week high of $40.60. The firm’s 50 day moving average price is $37.25 and its 200 day moving average price is $36.53. The stock has a market cap of $8.24 billion, a price-to-earnings ratio of 8.30 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders 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 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.