Davis Investment Partners LLC Purchases 2,024 Shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Davis Investment Partners LLC boosted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 9.2% in the 4th quarter, Holdings Channel.com reports. The fund owned 23,932 shares of the company’s stock after purchasing an additional 2,024 shares during the period. Davis Investment Partners LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $847,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Avidian Wealth Enterprises LLC increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 2.0% in the third quarter. Avidian Wealth Enterprises LLC now owns 15,054 shares of the company’s stock worth $548,000 after purchasing an additional 295 shares during the last quarter. Legacy Capital Group California Inc. boosted its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 0.8% in the 3rd quarter. Legacy Capital Group California Inc. now owns 45,225 shares of the company’s stock worth $1,645,000 after purchasing an additional 343 shares in the last quarter. Second Half Financial Partners LLC boosted its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 3.9% in the third quarter. Second Half Financial Partners LLC now owns 9,740 shares of the company’s stock worth $354,000 after buying an additional 365 shares in the last quarter. CX Institutional raised its position in First Trust SMID Cap Rising Dividend Archievers ETF by 0.4% in the 3rd quarter. CX Institutional now owns 94,576 shares of the company’s stock worth $3,441,000 after purchasing an additional 383 shares during the period. Finally, Thrivent Financial for Lutherans lifted its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 1.2% in the second quarter. Thrivent Financial for Lutherans now owns 36,085 shares of the company’s stock worth $1,205,000 after purchasing an additional 417 shares during the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Up 1.4 %

Shares of SDVY traded up $0.48 during trading hours on Monday, hitting $35.88. The company had a trading volume of 1,534,479 shares, compared to its average volume of 1,752,064. The firm has a market cap of $7.71 billion, a P/E ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a 52-week low of $30.93 and a 52-week high of $40.60. The stock’s 50 day moving average price is $37.69 and its 200 day moving average price is $36.11.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued 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.