First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Shares Sold by Root Financial Partners LLC

Root Financial Partners LLC reduced its stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 6.9% in the fourth quarter, HoldingsChannel.com reports. The fund owned 39,297 shares of the company’s stock after selling 2,930 shares during the quarter. Root Financial Partners LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $1,409,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently made changes to their positions in the stock. Assetmark Inc. boosted its position in First Trust SMID Cap Rising Dividend Archievers ETF by 105.2% during the 3rd quarter. Assetmark Inc. now owns 3,211 shares of the company’s stock valued at $117,000 after purchasing an additional 1,646 shares during the period. Thrivent Financial for Lutherans lifted its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 1.3% in the third quarter. Thrivent Financial for Lutherans now owns 36,550 shares of the company’s stock valued at $1,330,000 after buying an additional 465 shares during the last quarter. Cherry Creek Investment Advisors Inc. boosted its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 8.8% during the third quarter. Cherry Creek Investment Advisors Inc. now owns 86,313 shares of the company’s stock valued at $3,140,000 after acquiring an additional 6,973 shares during the period. Redhawk Wealth Advisors Inc. grew its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 16.4% during the fourth quarter. Redhawk Wealth Advisors Inc. now owns 150,303 shares of the company’s stock worth $5,388,000 after acquiring an additional 21,199 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 46.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 713,298 shares of the company’s stock worth $25,572,000 after acquiring an additional 227,413 shares during the period.

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

Shares of NASDAQ:SDVY opened at $36.63 on Friday. The company’s 50-day moving average price is $36.96 and its 200 day moving average price is $36.57. The company has a market cap of $8.16 billion, a PE ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a fifty-two week low of $31.81 and a fifty-two week high of $40.60.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

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