Smith Chas P & Associates PA Cpas Has $34.98 Million Stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Smith Chas P & Associates PA Cpas lifted its stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 2.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 975,635 shares of the company’s stock after buying an additional 19,291 shares during the period. First Trust SMID Cap Rising Dividend Archievers ETF makes up approximately 2.0% of Smith Chas P & Associates PA Cpas’ investment portfolio, making the stock its 22nd biggest position. Smith Chas P & Associates PA Cpas owned about 0.45% of First Trust SMID Cap Rising Dividend Archievers ETF worth $34,977,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. LPL Financial LLC boosted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 17.1% during the 3rd quarter. LPL Financial LLC now owns 17,987,114 shares of the company’s stock valued at $654,371,000 after purchasing an additional 2,628,717 shares in the last quarter. Park National Corp OH grew its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 292.0% in the third quarter. Park National Corp OH now owns 2,531,035 shares of the company’s stock valued at $92,079,000 after acquiring an additional 1,885,435 shares during the period. Raymond James & Associates increased its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 18.8% during the third quarter. Raymond James & Associates now owns 4,234,856 shares of the company’s stock valued at $154,064,000 after acquiring an additional 669,172 shares in the last quarter. Cetera Investment Advisers lifted its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 31.6% in the 2nd quarter. Cetera Investment Advisers now owns 2,421,412 shares of the company’s stock worth $80,827,000 after purchasing an additional 580,783 shares in the last quarter. Finally, Advance Capital Management Inc. bought a new stake in First Trust SMID Cap Rising Dividend Archievers ETF during the 4th quarter valued at $17,603,000.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

Shares of NASDAQ SDVY opened at $37.80 on Friday. The company has a 50-day moving average price of $37.53 and a 200-day moving average price of $36.40. The stock has a market capitalization of $8.28 billion, a P/E ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a 1 year low of $31.40 and a 1 year 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. Investors of record on Friday, December 13th were issued a dividend of $0.1821 per share. 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.