First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Short Interest Update

First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) was the recipient of a significant increase in short interest in April. As of April 15th, there was short interest totalling 209,900 shares, an increase of 66.9% from the March 31st total of 125,800 shares. Based on an average daily trading volume, of 1,115,800 shares, the days-to-cover ratio is currently 0.2 days.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

Shares of NASDAQ SDVY opened at $33.30 on Friday. The stock has a market capitalization of $3.99 billion, a P/E ratio of 7.92 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a one year low of $24.70 and a one year high of $34.96. The firm’s 50 day simple moving average is $33.38 and its two-hundred day simple moving average is $31.44.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were given a $0.1032 dividend. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.41 dividend on an annualized basis and a yield of 1.24%.

Institutional Trading of First Trust SMID Cap Rising Dividend Archievers ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. LPL Financial LLC grew its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 15.8% in the third quarter. LPL Financial LLC now owns 6,870,147 shares of the company’s stock valued at $193,944,000 after purchasing an additional 935,420 shares during the last quarter. Wells Fargo & Company MN grew its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 81.4% in the fourth quarter. Wells Fargo & Company MN now owns 4,477,768 shares of the company’s stock valued at $146,736,000 after purchasing an additional 2,009,597 shares during the last quarter. Raymond James & Associates boosted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 28.2% in the first quarter. Raymond James & Associates now owns 3,307,225 shares of the company’s stock worth $115,158,000 after acquiring an additional 727,612 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 54.2% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 2,430,439 shares of the company’s stock worth $84,628,000 after acquiring an additional 853,848 shares in the last quarter. Finally, Truist Financial Corp boosted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 260.8% in the third quarter. Truist Financial Corp now owns 2,167,156 shares of the company’s stock worth $61,179,000 after acquiring an additional 1,566,457 shares in the last quarter.

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.