New Wave Wealth Advisors LLC Acquires New Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

New Wave Wealth Advisors LLC bought a new position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 1,665 shares of the company’s stock, valued at approximately $60,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Assetmark Inc. increased its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 105.2% in the third quarter. Assetmark Inc. now owns 3,211 shares of the company’s stock worth $117,000 after buying an additional 1,646 shares during the period. Thrivent Financial for Lutherans increased its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 1.3% in the 3rd quarter. Thrivent Financial for Lutherans now owns 36,550 shares of the company’s stock worth $1,330,000 after purchasing an additional 465 shares during the period. Cherry Creek Investment Advisors Inc. lifted its position in First Trust SMID Cap Rising Dividend Archievers ETF by 8.8% in the third quarter. Cherry Creek Investment Advisors Inc. now owns 86,313 shares of the company’s stock valued at $3,140,000 after purchasing an additional 6,973 shares during the last quarter. Triton Wealth Management PLLC purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the third quarter valued at approximately $237,000. Finally, Redhawk Wealth Advisors Inc. grew its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 16.4% in the fourth quarter. Redhawk Wealth Advisors Inc. now owns 150,303 shares of the company’s stock worth $5,388,000 after purchasing an additional 21,199 shares during the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Down 1.3 %

NASDAQ:SDVY opened at $37.38 on Friday. The firm has a market capitalization of $8.26 billion, a P/E ratio of 8.30 and a beta of 1.18. The company has a fifty day moving average of $37.48 and a 200 day moving average of $36.48. First Trust SMID Cap Rising Dividend Archievers ETF has a 52 week low of $31.40 and a 52 week high of $40.60.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a dividend of $0.1821 per share. 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.