Orion Portfolio Solutions LLC Sells 14,714 Shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Orion Portfolio Solutions LLC trimmed its holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 30.3% during the third quarter, Holdings Channel reports. The institutional investor owned 33,823 shares of the company’s stock after selling 14,714 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $1,230,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. National Bank of Canada FI bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the third quarter valued at $27,000. Insigneo Advisory Services LLC lifted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 28.3% in the third quarter. Insigneo Advisory Services LLC now owns 17,742 shares of the company’s stock valued at $645,000 after buying an additional 3,916 shares in the last quarter. Kovitz Investment Group Partners LLC bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the third quarter valued at $12,398,000. Stifel Financial Corp lifted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 16.3% in the third quarter. Stifel Financial Corp now owns 2,485,251 shares of the company’s stock valued at $90,415,000 after buying an additional 347,799 shares in the last quarter. Finally, IronBridge Private Wealth LLC bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the third quarter valued at $2,568,000.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

SDVY opened at $37.79 on Friday. The company’s 50-day moving average is $37.86 and its 200 day moving average is $35.72. First Trust SMID Cap Rising Dividend Archievers ETF has a fifty-two week low of $30.93 and a fifty-two week high of $40.60. The firm has a market capitalization of $6.62 billion, a P/E ratio of 8.30 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The company also recently declared a dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be given a dividend of $0.1821 per share. The ex-dividend date of this dividend is Friday, December 13th.

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.