Wealth Enhancement Advisory Services LLC Buys 15,796 Shares of First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Wealth Enhancement Advisory Services LLC boosted its position in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 2.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 595,961 shares of the company’s stock after purchasing an additional 15,796 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $23,707,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. GoalVest Advisory LLC bought a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the 3rd quarter valued at about $25,000. Bank of Jackson Hole Trust bought a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the 3rd quarter worth approximately $25,000. Princeton Global Asset Management LLC purchased a new stake in First Trust SMID Cap Rising Dividend Achievers ETF during the third quarter valued at approximately $36,000. Evolution Wealth Management Inc. acquired a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the second quarter valued at approximately $54,000. Finally, IMA Advisory Services Inc. purchased a new position in First Trust SMID Cap Rising Dividend Achievers ETF in the third quarter worth $84,000.

First Trust SMID Cap Rising Dividend Achievers ETF Trading Up 0.8%

Shares of SDVY stock opened at $39.69 on Wednesday. First Trust SMID Cap Rising Dividend Achievers ETF has a 12-month low of $28.84 and a 12-month high of $42.89. The business’s fifty day simple moving average is $40.94 and its 200-day simple moving average is $39.14. The company has a market cap of $9.95 billion, a PE ratio of 14.54 and a beta of 1.12.

First Trust SMID Cap Rising Dividend Achievers 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.