Spire Wealth Management Has $2.44 Million Holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Spire Wealth Management lifted its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 2.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 76,433 shares of the company’s stock after buying an additional 1,469 shares during the quarter. Spire Wealth Management’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $2,438,000 at the end of the most recent quarter.

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

First Trust SMID Cap Rising Dividend Archievers ETF Stock Performance

NASDAQ SDVY traded up $0.13 during trading hours on Tuesday, reaching $34.25. 130,984 shares of the company’s stock were exchanged, compared to its average volume of 1,085,137. The company has a market capitalization of $4.16 billion, a price-to-earnings ratio of 7.97 and a beta of 1.18. The company’s 50-day moving average is $33.49 and its two-hundred day moving average is $31.71. First Trust SMID Cap Rising Dividend Archievers ETF has a one year low of $25.06 and a one year high of $34.96.

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. Stockholders of record on Friday, March 22nd were given a dividend of $0.1032 per share. The ex-dividend date was Thursday, March 21st. This represents a $0.41 annualized dividend and a dividend yield of 1.21%.

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.