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

Tucker Asset Management LLC reduced its position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 28.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,852 shares of the company’s stock after selling 735 shares during the quarter. Tucker Asset Management LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $66,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Farmers & Merchants Investments Inc. acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the fourth quarter valued at about $26,000. National Bank of Canada FI purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the third quarter valued at approximately $27,000. Grove Bank & Trust purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the fourth quarter valued at approximately $27,000. Pineridge Advisors LLC increased its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 138.9% in the fourth quarter. Pineridge Advisors LLC now owns 762 shares of the company’s stock valued at $27,000 after purchasing an additional 443 shares during the last quarter. Finally, FSC Wealth Advisors LLC purchased a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter worth approximately $29,000.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Down 1.8 %

Shares of SDVY opened at $33.39 on Friday. First Trust SMID Cap Rising Dividend Archievers ETF has a 52-week low of $32.22 and a 52-week high of $40.60. The company has a market capitalization of $7.44 billion, a PE ratio of 13.43 and a beta of 1.18. The stock has a fifty day simple moving average of $35.62 and a two-hundred day simple moving average of $36.53.

First Trust SMID Cap Rising Dividend Archievers ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be given a dividend of $0.1576 per share. This is a boost from First Trust SMID Cap Rising Dividend Archievers ETF’s previous quarterly dividend of $0.14. This represents a $0.63 annualized dividend and a yield of 1.89%. The ex-dividend date of this dividend is Thursday, March 27th.

First Trust SMID Cap Rising Dividend Archievers ETF 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.