United Community Bank Invests $69,000 in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

United Community Bank bought a new position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) during the fourth quarter, HoldingsChannel.com reports. The fund bought 1,927 shares of the company’s stock, valued at approximately $69,000.

A number of other institutional investors have also recently modified their holdings of SDVY. Farmers & Merchants Investments Inc. purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter valued at $26,000. National Bank of Canada FI purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the third quarter valued at $27,000. Grove Bank & Trust purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter valued at $27,000. Pineridge Advisors LLC boosted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 138.9% during the fourth quarter. Pineridge Advisors LLC now owns 762 shares of the company’s stock valued at $27,000 after buying an additional 443 shares during the last quarter. Finally, FSC Wealth Advisors LLC purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter valued at $29,000.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

First Trust SMID Cap Rising Dividend Archievers ETF stock opened at $34.08 on Monday. First Trust SMID Cap Rising Dividend Archievers ETF has a one year low of $32.22 and a one year high of $40.60. The stock has a market capitalization of $7.59 billion, a PE ratio of 12.91 and a beta of 1.18. The business’s fifty day moving average is $36.41 and its 200 day moving average is $36.70.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a $0.1821 dividend. 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.