Thrivent Financial for Lutherans Purchases 16,558 Shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Thrivent Financial for Lutherans raised its position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 45.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 53,108 shares of the company’s stock after purchasing an additional 16,558 shares during the quarter. Thrivent Financial for Lutherans’ holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $2,023,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV raised its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 51.1% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 67,526 shares of the company’s stock worth $2,421,000 after buying an additional 22,828 shares during the period. Redhawk Wealth Advisors Inc. grew its position in First Trust SMID Cap Rising Dividend Archievers ETF by 16.4% in the 4th quarter. Redhawk Wealth Advisors Inc. now owns 150,303 shares of the company’s stock valued at $5,388,000 after acquiring an additional 21,199 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in 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. Allworth Financial LP lifted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 28.5% during 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 last quarter. Finally, Stifel Financial Corp boosted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 16.3% during the third quarter. Stifel Financial Corp now owns 2,485,251 shares of the company’s stock valued at $90,415,000 after purchasing an additional 347,799 shares during the period.

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

NASDAQ SDVY opened at $33.39 on Friday. First Trust SMID Cap Rising Dividend Archievers ETF has a 12 month low of $32.22 and a 12 month high of $40.60. The company’s 50-day moving average price is $35.62 and its 200-day moving average price is $36.51. The stock has a market cap of $7.81 billion, a PE ratio of 13.43 and a beta of 1.21.

First Trust SMID Cap Rising Dividend Archievers ETF Increases Dividend

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

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.