Secure Asset Management LLC Has $5.95 Million Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Secure Asset Management LLC grew its stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 264.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 165,981 shares of the company’s stock after buying an additional 120,412 shares during the period. First Trust SMID Cap Rising Dividend Archievers ETF accounts for about 0.9% of Secure Asset Management LLC’s holdings, making the stock its 18th biggest holding. Secure Asset Management LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $5,950,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in SDVY. National Bank of Canada FI bought a new stake in First Trust SMID Cap Rising Dividend Archievers ETF during the third quarter valued at $27,000. Grove Bank & Trust bought a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 4th quarter valued at about $27,000. Icon Wealth Advisors LLC bought a new stake in First Trust SMID Cap Rising Dividend Archievers ETF in the third quarter worth approximately $30,000. Global Trust Asset Management LLC bought a new stake in First Trust SMID Cap Rising Dividend Archievers ETF in the fourth quarter worth approximately $52,000. Finally, Wolff Wiese Magana LLC acquired a new position in First Trust SMID Cap Rising Dividend Archievers ETF in the fourth quarter valued at approximately $72,000.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Up 0.3 %

Shares of SDVY stock opened at $37.96 on Friday. First Trust SMID Cap Rising Dividend Archievers ETF has a 52 week low of $31.40 and a 52 week high of $40.60. The firm has a 50 day moving average of $37.55 and a 200-day moving average of $36.33. The company has a market cap of $8.29 billion, a price-to-earnings ratio of 8.30 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders 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 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.