First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Shares Acquired by Maridea Wealth Management LLC

Maridea Wealth Management LLC lifted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 191.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 59,918 shares of the company’s stock after purchasing an additional 39,327 shares during the period. Maridea Wealth Management LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $2,296,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Raymond James Financial Inc. lifted its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 6.9% during the 3rd quarter. Raymond James Financial Inc. now owns 12,844,014 shares of the company’s stock worth $488,323,000 after buying an additional 825,345 shares during the last quarter. Bank of America Corp DE boosted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 8.3% during the 3rd quarter. Bank of America Corp DE now owns 7,982,389 shares of the company’s stock worth $303,486,000 after acquiring an additional 614,123 shares in the last quarter. UBS Group AG increased its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 5.4% in the 3rd quarter. UBS Group AG now owns 6,746,792 shares of the company’s stock valued at $256,513,000 after acquiring an additional 344,834 shares during the last quarter. Capital Investment Advisors LLC increased its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 5.0% in the 3rd quarter. Capital Investment Advisors LLC now owns 4,170,826 shares of the company’s stock valued at $158,573,000 after acquiring an additional 198,680 shares during the last quarter. Finally, Park National Corp OH raised its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 1.1% during the 3rd quarter. Park National Corp OH now owns 3,412,175 shares of the company’s stock worth $129,729,000 after acquiring an additional 35,601 shares in the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Down 1.4%

SDVY stock opened at $38.66 on Friday. The business has a 50 day moving average price of $40.96 and a 200 day moving average price of $39.12. The stock has a market cap of $9.69 billion, a price-to-earnings ratio of 14.54 and a beta of 1.12. First Trust SMID Cap Rising Dividend Achievers ETF has a fifty-two week low of $28.84 and a fifty-two week high of $42.89.

About First Trust SMID Cap Rising Dividend Achievers 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.