First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Short Interest Down 26.7% in November

First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) was the recipient of a large decline in short interest in November. As of November 15th, there was short interest totalling 185,700 shares, a decline of 26.7% from the October 31st total of 253,300 shares. Based on an average trading volume of 1,357,800 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On First Trust SMID Cap Rising Dividend Archievers ETF

A number of large investors have recently made changes to their positions in the business. Synovus Financial Corp grew its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 8.4% during the 3rd quarter. Synovus Financial Corp now owns 120,709 shares of the company’s stock worth $4,391,000 after buying an additional 9,303 shares during the last quarter. World Investment Advisors LLC boosted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 8.0% in the third quarter. World Investment Advisors LLC now owns 29,203 shares of the company’s stock worth $1,062,000 after acquiring an additional 2,151 shares in the last quarter. Sanctuary Advisors LLC grew its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 40.9% during the third quarter. Sanctuary Advisors LLC now owns 392,716 shares of the company’s stock worth $15,556,000 after acquiring an additional 114,045 shares during the last quarter. Pine Valley Investments Ltd Liability Co increased its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 0.3% during the third quarter. Pine Valley Investments Ltd Liability Co now owns 385,241 shares of the company’s stock valued at $14,015,000 after acquiring an additional 1,271 shares in the last quarter. Finally, Rehmann Capital Advisory Group raised its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 24.7% in the 3rd quarter. Rehmann Capital Advisory Group now owns 64,200 shares of the company’s stock valued at $2,334,000 after purchasing an additional 12,724 shares during the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

First Trust SMID Cap Rising Dividend Archievers ETF stock traded up $0.11 during trading hours on Friday, reaching $39.95. The stock had a trading volume of 895,857 shares, compared to its average volume of 1,189,256. The company has a market cap of $6.99 billion, a price-to-earnings ratio of 8.30 and a beta of 1.18. The business’s 50 day moving average price is $37.31 and its 200-day moving average price is $35.42. First Trust SMID Cap Rising Dividend Archievers ETF has a 52 week low of $29.18 and a 52 week high of $40.60.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a $0.1383 dividend. This represents a $0.55 annualized dividend and a yield of 1.38%. The ex-dividend date of this dividend was Thursday, September 26th.

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.