First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Shares Purchased by Financial Advocates Investment Management

Financial Advocates Investment Management raised its stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 28.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 168,052 shares of the company’s stock after acquiring an additional 37,566 shares during the quarter. Financial Advocates Investment Management owned approximately 0.08% of First Trust SMID Cap Rising Dividend Archievers ETF worth $6,025,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SDVY. Dynamic Advisor Solutions LLC acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the third quarter worth $3,634,000. Brookstone Capital Management acquired a new stake in First Trust SMID Cap Rising Dividend Archievers ETF in the 3rd quarter worth about $852,000. Daymark Wealth Partners LLC grew its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 10.3% in the 3rd quarter. Daymark Wealth Partners LLC now owns 179,856 shares of the company’s stock valued at $6,543,000 after buying an additional 16,798 shares during the period. CWM LLC increased its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 173.9% during the 3rd quarter. CWM LLC now owns 8,404 shares of the company’s stock valued at $306,000 after acquiring an additional 5,336 shares during the last quarter. Finally, Clarus Wealth Advisors purchased a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 3rd quarter worth about $212,000.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Performance

SDVY opened at $37.18 on Thursday. First Trust SMID Cap Rising Dividend Archievers ETF has a 1 year low of $31.50 and a 1 year high of $40.60. The company’s 50 day simple moving average is $37.30 and its 200 day simple moving average is $36.53. The stock has a market capitalization of $8.26 billion, a PE ratio of 8.30 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The business 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 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.