First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Shares Sold by Astor Investment Management LLC

Astor Investment Management LLC lessened its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 9.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 193,627 shares of the company’s stock after selling 20,143 shares during the quarter. First Trust SMID Cap Rising Dividend Archievers ETF makes up 3.4% of Astor Investment Management LLC’s holdings, making the stock its 13th biggest position. Astor Investment Management LLC owned about 0.11% of First Trust SMID Cap Rising Dividend Archievers ETF worth $7,044,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SDVY. Legacy Capital Group California Inc. boosted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 0.8% during the 3rd quarter. Legacy Capital Group California Inc. now owns 45,225 shares of the company’s stock worth $1,645,000 after acquiring an additional 343 shares in the last quarter. CX Institutional boosted its position in First Trust SMID Cap Rising Dividend Archievers ETF by 0.4% during the third quarter. CX Institutional now owns 94,576 shares of the company’s stock worth $3,441,000 after purchasing an additional 383 shares in the last quarter. Thrivent Financial for Lutherans grew its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 1.2% in the second quarter. Thrivent Financial for Lutherans now owns 36,085 shares of the company’s stock valued at $1,205,000 after purchasing an additional 417 shares during the period. World Equity Group Inc. increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 0.4% in the second quarter. World Equity Group Inc. now owns 108,498 shares of the company’s stock valued at $3,622,000 after buying an additional 423 shares in the last quarter. Finally, Private Client Services LLC increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 6.6% in the second quarter. Private Client Services LLC now owns 6,929 shares of the company’s stock valued at $231,000 after buying an additional 426 shares in the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Performance

Shares of NASDAQ:SDVY traded down $0.37 during midday trading on Friday, reaching $35.90. 590,075 shares of the company’s stock traded hands, compared to its average volume of 1,109,984. The company has a fifty day simple moving average of $35.79 and a two-hundred day simple moving average of $34.58. First Trust SMID Cap Rising Dividend Archievers ETF has a 1 year low of $26.40 and a 1 year high of $37.55. The company has a market cap of $6.23 billion, a P/E ratio of 8.30 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a dividend of $0.1383 per share. This represents a $0.55 annualized dividend and a yield of 1.54%. 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.