United Advisor Group LLC Takes $1.23 Million Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

United Advisor Group LLC purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) in the third quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 33,748 shares of the company’s stock, valued at approximately $1,228,000.

Several other hedge funds have also bought and sold shares of the business. Hazlett Burt & Watson Inc. purchased a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the second quarter valued at $28,000. Strategic Financial Concepts LLC bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the second quarter valued at $28,000. EverSource Wealth Advisors LLC purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the first quarter valued at $34,000. Mather Group LLC. bought a new stake in First Trust SMID Cap Rising Dividend Archievers ETF in the 2nd quarter worth about $35,000. Finally, ORG Partners LLC purchased a new position in First Trust SMID Cap Rising Dividend Archievers ETF in the 3rd quarter worth about $73,000.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Up 0.3 %

Shares of NASDAQ SDVY opened at $36.04 on Tuesday. The firm’s 50-day moving average price is $35.91 and its 200-day moving average price is $34.74. First Trust SMID Cap Rising Dividend Archievers ETF has a 52-week low of $27.26 and a 52-week high of $37.55. The company has a market cap of $6.31 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 announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a $0.1383 dividend. 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.