Naviter Wealth LLC Sells 1,259 Shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Naviter Wealth LLC lessened its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 0.9% in the 4th quarter, Holdings Channel reports. The firm owned 131,858 shares of the company’s stock after selling 1,259 shares during the period. Naviter Wealth LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $4,727,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Larson Financial Group LLC boosted its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 21.7% during the 4th quarter. Larson Financial Group LLC now owns 4,958 shares of the company’s stock valued at $178,000 after purchasing an additional 885 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 4th quarter valued at about $277,000. Ashton Thomas Private Wealth LLC raised its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 26.3% during the 4th quarter. Ashton Thomas Private Wealth LLC now owns 58,188 shares of the company’s stock valued at $2,086,000 after buying an additional 12,108 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 4th quarter valued at about $381,301,000. Finally, LVZ Inc. raised its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 0.7% during the 4th quarter. LVZ Inc. now owns 2,726,811 shares of the company’s stock valued at $97,756,000 after buying an additional 17,661 shares in the last quarter.

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

Shares of NASDAQ SDVY opened at $34.08 on Friday. The firm’s 50-day moving average price is $36.41 and its 200-day moving average price is $36.68. The stock has a market capitalization of $7.59 billion, a price-to-earnings ratio of 12.91 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a 12-month low of $32.22 and a 12-month high of $40.60.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given 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.