Short Interest in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) Grows By 85.7%

First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) was the target of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 126,007 shares, a growth of 85.7% from the June 15th total of 67,857 shares. Based on an average daily volume of 1,171,290 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Institutional Trading of First Trust SMID Cap Rising Dividend Achievers ETF

Large investors have recently added to or reduced their stakes in the company. TD Waterhouse Canada Inc. raised its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 1.7% during the 4th quarter. TD Waterhouse Canada Inc. now owns 15,085 shares of the company’s stock worth $578,000 after acquiring an additional 251 shares in the last quarter. Keystone Financial Services LLC grew its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 1.3% in the fourth quarter. Keystone Financial Services LLC now owns 19,815 shares of the company’s stock valued at $759,000 after purchasing an additional 252 shares in the last quarter. Allie Family Office LLC grew its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 2.3% in the fourth quarter. Allie Family Office LLC now owns 11,545 shares of the company’s stock valued at $442,000 after purchasing an additional 264 shares in the last quarter. Arbor Capital Management Inc. ADV increased its position in First Trust SMID Cap Rising Dividend Achievers ETF by 2.2% in the first quarter. Arbor Capital Management Inc. ADV now owns 12,440 shares of the company’s stock worth $515,000 after purchasing an additional 267 shares during the last quarter. Finally, Insight Inv LLC increased its position in First Trust SMID Cap Rising Dividend Achievers ETF by 2.0% in the fourth quarter. Insight Inv LLC now owns 13,770 shares of the company’s stock worth $528,000 after purchasing an additional 270 shares during the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Up 1.6%

Shares of First Trust SMID Cap Rising Dividend Achievers ETF stock opened at $43.71 on Friday. The firm has a market cap of $11.54 billion, a price-to-earnings ratio of 14.54 and a beta of 1.01. The business has a 50-day moving average price of $42.09 and a 200-day moving average price of $41.25. First Trust SMID Cap Rising Dividend Achievers ETF has a twelve month low of $35.03 and a twelve month high of $43.71.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were paid a dividend of $0.0901 per share. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $0.36 dividend on an annualized basis and a yield of 0.8%.

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.