First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Shares Bought by Ergawealth Advisors Inc.

Ergawealth Advisors Inc. grew its position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 5.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 312,527 shares of the company’s stock after buying an additional 17,394 shares during the quarter. First Trust SMID Cap Rising Dividend Archievers ETF accounts for approximately 5.6% of Ergawealth Advisors Inc.’s holdings, making the stock its 7th biggest holding. Ergawealth Advisors Inc. owned 0.18% of First Trust SMID Cap Rising Dividend Archievers ETF worth $11,370,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in SDVY. Capital Investment Advisors LLC increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 38,705.4% in the second quarter. Capital Investment Advisors LLC now owns 3,007,808 shares of the company’s stock valued at $100,401,000 after buying an additional 3,000,057 shares in the last quarter. LPL Financial LLC increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 15.9% in the second quarter. LPL Financial LLC now owns 15,358,397 shares of the company’s stock valued at $512,663,000 after buying an additional 2,105,789 shares in the last quarter. Park National Corp OH increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 292.0% in the third quarter. Park National Corp OH now owns 2,531,035 shares of the company’s stock valued at $92,079,000 after buying an additional 1,885,435 shares in the last quarter. Cetera Investment Advisers increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 205.3% in the first quarter. Cetera Investment Advisers now owns 1,840,629 shares of the company’s stock valued at $64,091,000 after buying an additional 1,237,801 shares in the last quarter. Finally, Smith Chas P & Associates PA Cpas purchased a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the second quarter valued at $32,429,000.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Up 0.4 %

Shares of SDVY stock opened at $36.27 on Friday. First Trust SMID Cap Rising Dividend Archievers ETF has a fifty-two week low of $26.40 and a fifty-two week high of $37.55. The stock has a market cap of $6.30 billion, a P/E ratio of 8.30 and a beta of 1.18. The business has a fifty day simple moving average of $35.77 and a 200-day simple moving average of $34.57.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a dividend of $0.1383 per share. This represents a $0.55 dividend on an annualized basis and a yield of 1.53%. The ex-dividend date was Thursday, September 26th.

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.