Commonwealth Equity Services LLC Boosts Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Commonwealth Equity Services LLC lifted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 159.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,087,452 shares of the company’s stock after buying an additional 667,805 shares during the quarter. Commonwealth Equity Services LLC owned about 1.25% of First Trust SMID Cap Rising Dividend Archievers ETF worth $35,636,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of SDVY. Harbor Investment Advisory LLC boosted its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 123.0% in the fourth quarter. Harbor Investment Advisory LLC now owns 970 shares of the company’s stock valued at $32,000 after acquiring an additional 535 shares during the period. CWM LLC acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter worth about $107,000. DHJJ Financial Advisors Ltd. grew its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 111.2% during the fourth quarter. DHJJ Financial Advisors Ltd. now owns 5,743 shares of the company’s stock worth $188,000 after buying an additional 3,024 shares during the last quarter. Salem Investment Counselors Inc. acquired a new position in First Trust SMID Cap Rising Dividend Archievers ETF in the 4th quarter valued at about $190,000. Finally, Waterfront Wealth Inc. purchased a new stake in First Trust SMID Cap Rising Dividend Archievers ETF during the 4th quarter valued at approximately $214,000.

First Trust SMID Cap Rising Dividend Archievers ETF Trading Up 1.0 %

Shares of SDVY stock opened at $33.72 on Friday. First Trust SMID Cap Rising Dividend Archievers ETF has a twelve month low of $24.70 and a twelve month high of $34.96. The business’s 50 day moving average is $33.46 and its two-hundred day moving average is $31.64. The company has a market capitalization of $4.10 billion, a P/E ratio of 7.97 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were paid a $0.1032 dividend. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.41 annualized dividend and a yield of 1.22%.

About First Trust SMID Cap Rising Dividend Archievers ETF

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.