Claris Financial LLC Purchases Shares of 30,575 First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Claris Financial LLC acquired a new stake in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 30,575 shares of the company’s stock, valued at approximately $1,172,000.

Other institutional investors also recently modified their holdings of the company. Raymond James Financial Inc. lifted its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 9.8% in the 4th quarter. Raymond James Financial Inc. now owns 14,105,263 shares of the company’s stock valued at $540,514,000 after purchasing an additional 1,261,249 shares during the last quarter. LPL Financial LLC increased its position in First Trust SMID Cap Rising Dividend Achievers ETF by 4.8% during the fourth quarter. LPL Financial LLC now owns 24,892,169 shares of the company’s stock worth $953,868,000 after buying an additional 1,135,800 shares during the last quarter. Axxcess Wealth Management LLC increased its position in First Trust SMID Cap Rising Dividend Achievers ETF by 4,508.1% during the fourth quarter. Axxcess Wealth Management LLC now owns 806,331 shares of the company’s stock worth $30,899,000 after buying an additional 788,833 shares during the last quarter. Bank of America Corp DE raised its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 8.3% in the third quarter. Bank of America Corp DE now owns 7,982,389 shares of the company’s stock valued at $303,486,000 after buying an additional 614,123 shares during the period. Finally, JSF Financial LLC bought a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the fourth quarter valued at approximately $22,029,000.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Up 0.6%

SDVY opened at $42.22 on Friday. First Trust SMID Cap Rising Dividend Achievers ETF has a 12-month low of $34.21 and a 12-month high of $42.90. The business has a 50 day moving average of $41.71 and a 200-day moving average of $40.68. The stock has a market cap of $10.93 billion, a price-to-earnings ratio of 14.54 and a beta of 1.01.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were paid a $0.0976 dividend. This represents a $0.39 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Thursday, March 26th.

First Trust SMID Cap Rising Dividend Achievers 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.