First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Shares Acquired by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans raised its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 1.2% in the second quarter, Holdings Channel.com reports. The firm owned 36,085 shares of the company’s stock after buying an additional 417 shares during the period. Thrivent Financial for Lutherans’ holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $1,205,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Osaic Holdings Inc. raised its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 7.6% in the 1st quarter. Osaic Holdings Inc. now owns 1,769,500 shares of the company’s stock valued at $61,619,000 after purchasing an additional 125,091 shares in the last quarter. B. Riley Wealth Advisors Inc. lifted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 76.0% during the 4th quarter. B. Riley Wealth Advisors Inc. now owns 34,027 shares of the company’s stock worth $1,115,000 after buying an additional 14,689 shares during the last quarter. Leo Wealth LLC bought a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the 4th quarter worth approximately $1,562,000. Founders Financial Securities LLC acquired a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the 1st quarter worth approximately $284,000. Finally, Fifth Third Bancorp bought a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the 2nd quarter valued at approximately $298,000.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

Shares of SDVY opened at $36.40 on Friday. The stock has a market capitalization of $6.15 billion, a PE ratio of 8.30 and a beta of 1.18. The business’s fifty day moving average price is $35.17 and its 200 day moving average price is $34.34. First Trust SMID Cap Rising Dividend Archievers ETF has a 12-month low of $26.40 and a 12-month high of $37.25.

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. Stockholders of record on Thursday, September 26th were issued a $0.1383 dividend. This represents a $0.55 annualized dividend and a dividend yield of 1.52%. The ex-dividend date of this dividend 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.