Grove Bank & Trust Acquires New Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Grove Bank & Trust acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 760 shares of the company’s stock, valued at approximately $27,000.

Several other large investors also recently bought and sold shares of SDVY. LPL Financial LLC grew its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 17.1% during the 3rd quarter. LPL Financial LLC now owns 17,987,114 shares of the company’s stock valued at $654,371,000 after acquiring an additional 2,628,717 shares in the last quarter. Park National Corp OH grew its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 292.0% in the 3rd quarter. Park National Corp OH now owns 2,531,035 shares of the company’s stock valued at $92,079,000 after buying an additional 1,885,435 shares during the period. Raymond James & Associates grew its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 18.8% in the 3rd quarter. Raymond James & Associates now owns 4,234,856 shares of the company’s stock valued at $154,064,000 after buying an additional 669,172 shares during the period. Cetera Investment Advisers grew its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 31.6% in the 2nd quarter. Cetera Investment Advisers now owns 2,421,412 shares of the company’s stock valued at $80,827,000 after buying an additional 580,783 shares during the period. Finally, Advance Capital Management Inc. purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the 4th quarter valued at approximately $17,603,000.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

First Trust SMID Cap Rising Dividend Archievers ETF stock opened at $37.50 on Tuesday. The firm has a 50 day simple moving average of $37.58 and a 200-day simple moving average of $36.28. First Trust SMID Cap Rising Dividend Archievers ETF has a 1-year low of $31.16 and a 1-year high of $40.60. The stock has a market cap of $8.09 billion, a price-to-earnings ratio of 8.30 and a beta of 1.18.

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 paid a $0.1821 dividend. The ex-dividend date of this dividend was Friday, December 13th.

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.