First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Shares Purchased by Benjamin Edwards Inc.

Benjamin Edwards Inc. raised its position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 19,026.3% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 179,022 shares of the company’s stock after acquiring an additional 178,086 shares during the quarter. Benjamin Edwards Inc.’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $6,516,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the company. Icon Wealth Advisors LLC purchased a new stake in First Trust SMID Cap Rising Dividend Archievers ETF during the third quarter worth about $30,000. Hazlett Burt & Watson Inc. purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 2nd quarter worth approximately $28,000. Mather Group LLC. acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the 2nd quarter worth approximately $35,000. EverSource Wealth Advisors LLC purchased a new position in First Trust SMID Cap Rising Dividend Archievers ETF in the 1st quarter valued at approximately $34,000. Finally, ORG Partners LLC acquired a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the third quarter worth $73,000.

First Trust SMID Cap Rising Dividend Archievers ETF Trading Down 0.5 %

Shares of SDVY opened at $39.65 on Wednesday. The company has a 50-day moving average of $37.45 and a two-hundred day moving average of $35.50. The stock has a market cap of $6.94 billion, a P/E ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a 12-month low of $30.11 and a 12-month high of $40.60.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders 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 annualized dividend and a yield of 1.40%.

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.