Thrivent Financial for Lutherans Increases Stock Holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Thrivent Financial for Lutherans boosted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 1.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,550 shares of the company’s stock after purchasing an additional 465 shares during the period. Thrivent Financial for Lutherans’ holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $1,330,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Hazlett Burt & Watson Inc. purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 2nd quarter valued at approximately $28,000. Strategic Financial Concepts LLC acquired a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the 2nd quarter valued at $28,000. EverSource Wealth Advisors LLC acquired a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the 1st quarter valued at $34,000. Mather Group LLC. purchased a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 2nd quarter worth $35,000. Finally, ORG Partners LLC acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 3rd quarter worth about $73,000.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

NASDAQ SDVY opened at $39.95 on Friday. The stock has a market capitalization of $6.99 billion, a P/E ratio of 8.30 and a beta of 1.18. The firm’s 50-day moving average is $37.31 and its two-hundred day moving average is $35.42. First Trust SMID Cap Rising Dividend Archievers ETF has a 12 month low of $29.18 and a 12 month high of $40.60.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a $0.1383 dividend. This represents a $0.55 dividend on an annualized basis and a dividend yield of 1.38%. 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.