First Heartland Consultants Inc. Raises Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

First Heartland Consultants Inc. grew its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 33.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 320,792 shares of the company’s stock after buying an additional 79,987 shares during the quarter. First Trust SMID Cap Rising Dividend Archievers ETF accounts for approximately 1.3% of First Heartland Consultants Inc.’s portfolio, making the stock its 19th largest holding. First Heartland Consultants Inc. owned about 0.18% of First Trust SMID Cap Rising Dividend Archievers ETF worth $11,670,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Envestnet Portfolio Solutions Inc. grew its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 75.1% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 53,981 shares of the company’s stock valued at $1,880,000 after acquiring an additional 23,148 shares during the period. Kingsview Wealth Management LLC boosted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 0.9% during the first quarter. Kingsview Wealth Management LLC now owns 61,726 shares of the company’s stock valued at $2,149,000 after purchasing an additional 534 shares in the last quarter. Blair William & Co. IL boosted its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 32.7% in the first quarter. Blair William & Co. IL now owns 966,461 shares of the company’s stock valued at $33,652,000 after acquiring an additional 237,950 shares in the last quarter. Leo Wealth LLC raised its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 27.8% during the first quarter. Leo Wealth LLC now owns 59,978 shares of the company’s stock worth $2,072,000 after purchasing an additional 13,029 shares during the last quarter. Finally, Wintrust Investments LLC increased its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 14.9% in the first quarter. Wintrust Investments LLC now owns 176,158 shares of the company’s stock valued at $6,134,000 after buying an additional 22,810 shares in the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Trading Down 0.6 %

SDVY traded down $0.22 during trading hours on Tuesday, hitting $38.89. 555,801 shares of the company’s stock were exchanged, compared to its average volume of 1,124,681. First Trust SMID Cap Rising Dividend Archievers ETF has a 12-month low of $27.45 and a 12-month high of $39.24. The firm has a 50 day moving average of $36.17 and a 200 day moving average of $34.92. The firm has a market cap of $6.81 billion, a P/E ratio of 8.30 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a dividend of $0.1383 per share. This represents a $0.55 dividend on an annualized basis and a yield of 1.42%. The ex-dividend date of this dividend was Thursday, September 26th.

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.