First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Shares Bought by Level Four Advisory Services LLC

Level Four Advisory Services LLC grew its position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 15.6% in the 4th quarter, Holdings Channel.com reports. The fund owned 23,429 shares of the company’s stock after acquiring an additional 3,162 shares during the quarter. Level Four Advisory Services LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $840,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. LPL Financial LLC boosted its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 22.0% during the 4th quarter. LPL Financial LLC now owns 21,935,886 shares of the company’s stock worth $786,401,000 after purchasing an additional 3,948,772 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter worth about $381,301,000. Capital Investment Advisors LLC grew its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 8.2% during the fourth quarter. Capital Investment Advisors LLC now owns 3,510,050 shares of the company’s stock worth $125,835,000 after buying an additional 267,372 shares during the last quarter. Park National Corp OH increased its position in First Trust SMID Cap Rising Dividend Archievers ETF by 11.7% in the 4th quarter. Park National Corp OH now owns 2,827,593 shares of the company’s stock valued at $101,369,000 after acquiring an additional 296,558 shares during the period. Finally, LVZ Inc. increased its position in First Trust SMID Cap Rising Dividend Archievers ETF by 0.7% in the 4th quarter. LVZ Inc. now owns 2,726,811 shares of the company’s stock valued at $97,756,000 after acquiring an additional 17,661 shares during the period.

First Trust SMID Cap Rising Dividend Archievers ETF Trading Down 1.8 %

First Trust SMID Cap Rising Dividend Archievers ETF stock opened at $33.39 on Monday. The stock has a 50 day moving average of $35.62 and a two-hundred day moving average of $36.55. First Trust SMID Cap Rising Dividend Archievers ETF has a twelve month low of $32.22 and a twelve month high of $40.60. The stock has a market capitalization of $7.44 billion, a price-to-earnings ratio of 13.43 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be given a $0.1576 dividend. This represents a $0.63 dividend on an annualized basis and a yield of 1.89%. This is a positive change from First Trust SMID Cap Rising Dividend Archievers ETF’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend is Thursday, March 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.