Flow Traders U.S. LLC Makes New $1.44 Million Investment in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Flow Traders U.S. LLC bought a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVYFree Report) in the 3rd quarter, Holdings Channel reports. The institutional investor bought 39,697 shares of the company’s stock, valued at approximately $1,444,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Icon Wealth Advisors LLC bought a new stake in First Trust SMID Cap Rising Dividend Archievers ETF in the third quarter valued at approximately $30,000. Hazlett Burt & Watson Inc. acquired a new stake in First Trust SMID Cap Rising Dividend Archievers ETF in the 2nd quarter valued at approximately $28,000. Mather Group LLC. acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the second quarter valued at approximately $35,000. EverSource Wealth Advisors LLC bought a new stake in First Trust SMID Cap Rising Dividend Archievers ETF during the 1st quarter worth about $34,000. Finally, ORG Partners LLC bought a new stake in First Trust SMID Cap Rising Dividend Archievers ETF during the third quarter worth about $73,000.

First Trust SMID Cap Rising Dividend Archievers ETF Trading Up 0.3 %

NASDAQ:SDVY opened at $39.95 on Monday. The firm has a fifty day simple moving average of $37.31 and a 200 day simple moving average of $35.43. First Trust SMID Cap Rising Dividend Archievers ETF has a 1-year low of $29.18 and a 1-year high of $40.60. The stock has a market capitalization of $6.99 billion, a PE ratio of 8.30 and a beta of 1.18.

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 issued a $0.1383 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.55 dividend on an annualized basis and a dividend yield of 1.38%.

First Trust SMID Cap Rising Dividend Archievers ETF Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding SDVY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVYFree Report).

Institutional Ownership by Quarter for First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

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