First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Shares Purchased by N.E.W. Advisory Services LLC

N.E.W. Advisory Services LLC boosted its position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 12.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 141,216 shares of the company’s stock after buying an additional 15,288 shares during the period. N.E.W. Advisory Services LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $4,714,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Benjamin Edwards Inc. acquired a new stake in First Trust SMID Cap Rising Dividend Archievers ETF during the 1st quarter valued at approximately $32,000. EverSource Wealth Advisors LLC purchased a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the first quarter worth $34,000. Mather Group LLC. acquired a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the second quarter valued at $35,000. VitalStone Financial LLC purchased a new stake in First Trust SMID Cap Rising Dividend Archievers ETF in the fourth quarter valued at $39,000. Finally, TD Capital Management LLC grew its position in First Trust SMID Cap Rising Dividend Archievers ETF by 27.7% during the 4th quarter. TD Capital Management LLC now owns 2,026 shares of the company’s stock worth $66,000 after purchasing an additional 439 shares during the period.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Down 0.9 %

Shares of SDVY stock opened at $34.51 on Friday. First Trust SMID Cap Rising Dividend Archievers ETF has a 52-week low of $26.40 and a 52-week high of $37.25. The stock has a market cap of $5.18 billion, a PE ratio of 8.30 and a beta of 1.18. The business has a 50-day simple moving average of $34.69 and a 200-day simple moving average of $33.96.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were issued a $0.1503 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.74%. The ex-dividend date was Thursday, June 27th.

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.