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Kestra Advisory Services LLC Purchases First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) Shares

Kestra Advisory Services LLC Purchases First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) Shares

Kestra Advisory Services LLC increased its position in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ: SDVY), as indicated by the most recent information filed by the company with the Securities and Exchange Commission during the third quarter. The institutional investor’s portfolio currently contains 296.889 shares of the company’s stock following the acquisition of an additional 3,995 shares during the quarter. Kestra Advisory Services LLC owned First Trust SMID Cap Rising Dividend Achievers ETF shares, amounting to a total value of $6,853,000 after the most recent reporting period. This represents an ownership percentage of 0.83%.

Hedge funds and other institutional investors have been active in the market for SDVY shares, buying and selling them recently. LPL Financial LLC increased the proportion of First Trust SMID Cap Rising Dividend Achievers ETF shares that it owned by 9.3 percent over the second quarter. LPL Financial LLC bought an additional 376,288 shares of the company’s stock during the most recent quarter, bringing the total number of shares it directly owns to 4,412,969. The total value of these shares comes to $105,382,000. The investment portfolio managed by Envestnet Asset Management Inc. saw a 9.9% increase in the value of its holdings in the First Trust SMID Cap Rising Dividend Achievers ETF over the second quarter. Envestnet Asset Management Inc. owns 1,003,136 shares after purchasing an additional 90,098 shares during the most recent quarter. The value of Envestnet Asset Management Inc.’s holdings in the company is currently $23,955,000. The Royal Bank of Canada increased the amount of money it invested in the First Trust SMID Cap Rising Dividend Achievers ETF by 259.1% over the first three months of 2018. Following the acquisition of an additional 605,692 shares during the preceding quarter, Royal Bank of Canada now has 839,484 shares of the company’s stock, collectively valued at $23,396,000. This brings the bank’s total number of shares owned by the company to 839,484. The percentage of shares in First Trust SMID Cap Rising Dividend Achievers ETF that Commonwealth Equity Services LLC owned went up by 15.3% over the second quarter. After making additional purchases totaling 101,373 during the most recent fiscal quarter, Commonwealth Equity Services LLC now holds 765,646 shares of the company’s stock in its portfolio. There is a value of $18,283,000 attached to these shares.

Last but not least, Trust Financial Corporation increased its holdings in the First Trust SMID Cap Rising Dividend Achievers ETF during the second quarter by 31.6%. This is not to say that this is the least important thing during this time. After making an additional purchase of 170,401 shares during the most recent quarter, Trust Financial Corp. now owns 709,478 shares. Based on the current market price, this gives the company a value of $16,942,000.

The NASDAQ SDVY market opened for trading on Wednesday at $27.87 per share. In the past year, the First Trust SMID Cap Rising Dividend Achievers ETF had a price range that went as low as $22.77 and as high as $30.54. The lowest price it had ever reached was the previous year. The company’s moving averages for the past fifty days are $26.88, and the moving average for the past two hundred days is $25.84.

In addition, the company has just recently announced and disbursed a quarterly dividend, which was paid out on Friday, December 30. This dividend was just recently declared and distributed. On Tuesday, December 27, 2018, a dividend payment of $0.23 was made to ” recorded shareholders.” This equates to a dividend payment of $0.92 on an annualized basis and a dividend yield of 3.30 percent on the stock. Compared to the previous quarterly dividend paid by the First Trust SMID Cap Rising Dividend Achievers ETF, which was $0.14, this represents an increase. On Friday, December 23, which was a Friday, the dividend was paid out to shareholders. This date was in December.

Are you interested in acquiring additional knowledge concerning the various hedge funds that hold positions in SDVY? By going to HoldingsChannel.com, you will be able to obtain information regarding the most recent 13F filings and insider transactions for First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ: SDVY).

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