Pinnacle Financial Partners Inc Makes New $205,000 Investment in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Pinnacle Financial Partners Inc bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 5,724 shares of the company’s stock, valued at approximately $205,000.

Other institutional investors have also recently made changes to their positions in the company. Assetmark Inc. lifted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 105.2% during the third quarter. Assetmark Inc. now owns 3,211 shares of the company’s stock worth $117,000 after acquiring an additional 1,646 shares in the last quarter. Thrivent Financial for Lutherans lifted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 1.3% during the third quarter. Thrivent Financial for Lutherans now owns 36,550 shares of the company’s stock worth $1,330,000 after acquiring an additional 465 shares in the last quarter. Redhawk Wealth Advisors Inc. increased its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 16.4% in the fourth quarter. Redhawk Wealth Advisors Inc. now owns 150,303 shares of the company’s stock worth $5,388,000 after purchasing an additional 21,199 shares during the period. Janney Montgomery Scott LLC increased its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 46.8% in the fourth quarter. Janney Montgomery Scott LLC now owns 713,298 shares of the company’s stock worth $25,572,000 after purchasing an additional 227,413 shares during the period. Finally, Allworth Financial LP increased its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 28.5% in the fourth quarter. Allworth Financial LP now owns 12,950 shares of the company’s stock worth $490,000 after purchasing an additional 2,872 shares during the period.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Performance

First Trust SMID Cap Rising Dividend Archievers ETF stock opened at $35.71 on Monday. The stock has a market cap of $8.19 billion, a P/E ratio of 12.91 and a beta of 1.20. First Trust SMID Cap Rising Dividend Archievers ETF has a fifty-two week low of $32.22 and a fifty-two week high of $40.60. The firm’s fifty day moving average price is $36.71 and its 200-day moving average price is $36.68.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a $0.1821 dividend. The ex-dividend date of this dividend was Friday, December 13th.

About First Trust SMID Cap Rising Dividend Archievers ETF

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.