Nations Financial Group Inc. IA ADV Increases Stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Nations Financial Group Inc. IA ADV boosted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 102.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 163,879 shares of the company’s stock after acquiring an additional 82,964 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $5,875,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. Walkner Condon Financial Advisors LLC raised its position in First Trust SMID Cap Rising Dividend Archievers ETF by 35.1% during the fourth quarter. Walkner Condon Financial Advisors LLC now owns 41,036 shares of the company’s stock valued at $1,471,000 after acquiring an additional 10,671 shares in the last quarter. Consolidated Planning Corp purchased a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter valued at approximately $288,000. Clarity Capital Partners LLC raised its position in First Trust SMID Cap Rising Dividend Archievers ETF by 3.1% during the fourth quarter. Clarity Capital Partners LLC now owns 79,186 shares of the company’s stock valued at $2,839,000 after acquiring an additional 2,395 shares in the last quarter. Gladstone Institutional Advisory LLC raised its position in First Trust SMID Cap Rising Dividend Archievers ETF by 9.5% during the fourth quarter. Gladstone Institutional Advisory LLC now owns 141,533 shares of the company’s stock valued at $5,074,000 after acquiring an additional 12,240 shares in the last quarter. Finally, Sovran Advisors LLC purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the fourth quarter valued at approximately $386,000.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

First Trust SMID Cap Rising Dividend Archievers ETF stock opened at $36.99 on Friday. The stock has a market capitalization of $8.24 billion, a PE ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a 12 month low of $32.05 and a 12 month high of $40.60. The business has a 50 day simple moving average of $36.91 and a 200-day simple moving average of $36.57.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

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