Moloney Securities Asset Management LLC Acquires Shares of 8,386 First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Moloney Securities Asset Management LLC bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) in the fourth quarter, Holdings Channel reports. The fund bought 8,386 shares of the company’s stock, valued at approximately $301,000.

Other institutional investors also recently modified their holdings of the company. LPL Financial LLC increased its position in First Trust SMID Cap Rising Dividend Archievers ETF by 17.1% during the third quarter. LPL Financial LLC now owns 17,987,114 shares of the company’s stock worth $654,371,000 after acquiring an additional 2,628,717 shares during the period. Raymond James & Associates increased its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 18.8% during the third quarter. Raymond James & Associates now owns 4,234,856 shares of the company’s stock worth $154,064,000 after purchasing an additional 669,172 shares during the period. Capital Investment Advisors LLC raised its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 8.2% in the fourth quarter. Capital Investment Advisors LLC now owns 3,510,050 shares of the company’s stock valued at $125,835,000 after buying an additional 267,372 shares in the last quarter. Park National Corp OH boosted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 11.7% in the fourth quarter. Park National Corp OH now owns 2,827,593 shares of the company’s stock valued at $101,369,000 after buying an additional 296,558 shares during the period. Finally, Stifel Financial Corp grew its position in 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 worth $90,415,000 after buying an additional 347,799 shares in the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

First Trust SMID Cap Rising Dividend Archievers ETF stock opened at $36.92 on Tuesday. The stock’s fifty day moving average price is $37.13 and its two-hundred day moving average price is $36.56. The firm has a market cap of $8.23 billion, a PE ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a one year low of $31.50 and a one year high of $40.60.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid 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.