Stonebridge Financial Planning Group LLC Buys 1,974 Shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Stonebridge Financial Planning Group LLC increased its holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 5.5% in the third quarter, Holdings Channel.com reports. The firm owned 38,061 shares of the company’s stock after acquiring an additional 1,974 shares during the period. Stonebridge Financial Planning Group LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $1,385,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Assetmark Inc. raised its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 105.2% during the third quarter. Assetmark Inc. now owns 3,211 shares of the company’s stock valued at $117,000 after acquiring an additional 1,646 shares in the last quarter. Fifth Third Bancorp bought a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the 2nd quarter valued at about $298,000. Park National Corp OH increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 292.0% during the 3rd quarter. Park National Corp OH now owns 2,531,035 shares of the company’s stock valued at $92,079,000 after purchasing an additional 1,885,435 shares during the last quarter. Cherry Creek Investment Advisors Inc. raised its position in First Trust SMID Cap Rising Dividend Archievers ETF by 8.8% in the third quarter. Cherry Creek Investment Advisors Inc. now owns 86,313 shares of the company’s stock worth $3,140,000 after acquiring an additional 6,973 shares during the period. Finally, Triton Wealth Management PLLC purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the third quarter worth about $237,000.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Performance

Shares of SDVY traded up $0.05 during midday trading on Wednesday, hitting $38.10. 78,354 shares of the company traded hands, compared to its average volume of 1,143,808. The stock has a market cap of $6.67 billion, a price-to-earnings ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a 52 week low of $28.87 and a 52 week high of $39.24. The firm has a 50 day moving average of $36.63 and a 200-day moving average of $35.13.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a $0.1383 dividend. This represents a $0.55 annualized dividend and a dividend yield of 1.45%. The ex-dividend date was Thursday, September 26th.

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.