70,583 Shares in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Bought by IronBridge Private Wealth LLC

IronBridge Private Wealth LLC acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 70,583 shares of the company’s stock, valued at approximately $2,568,000. First Trust SMID Cap Rising Dividend Archievers ETF comprises about 1.0% of IronBridge Private Wealth LLC’s portfolio, making the stock its 29th biggest holding.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. HighTower Advisors LLC boosted its position in First Trust SMID Cap Rising Dividend Archievers ETF by 31.3% during the third quarter. HighTower Advisors LLC now owns 1,339,074 shares of the company’s stock valued at $48,736,000 after purchasing an additional 319,226 shares during the last quarter. Benjamin Edwards Inc. raised its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 19,026.3% in the third quarter. Benjamin Edwards Inc. now owns 179,022 shares of the company’s stock worth $6,516,000 after purchasing an additional 178,086 shares during the period. Atlas Wealth LLC grew its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 27.9% during the third quarter. Atlas Wealth LLC now owns 75,076 shares of the company’s stock worth $2,731,000 after buying an additional 16,385 shares in the last quarter. L.M. Kohn & Company bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the 3rd quarter valued at about $230,000. Finally, Flow Traders U.S. LLC bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the third quarter worth approximately $1,444,000.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

Shares of NASDAQ SDVY opened at $39.86 on Tuesday. First Trust SMID Cap Rising Dividend Archievers ETF has a 1 year low of $30.11 and a 1 year high of $40.60. The company has a 50 day simple moving average of $37.39 and a 200 day simple moving average of $35.46. The firm has a market cap of $6.98 billion, a PE ratio of 8.30 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a $0.1383 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.55 dividend on an annualized basis and a yield of 1.39%.

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.