Vise Technologies Inc. Purchases New Position in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Vise Technologies Inc. bought a new position in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 19,476 shares of the company’s stock, valued at approximately $746,000.

A number of other institutional investors also recently modified their holdings of SDVY. Focus Partners Wealth raised its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 41.2% in the first quarter. Focus Partners Wealth now owns 43,712 shares of the company’s stock worth $1,464,000 after acquiring an additional 12,748 shares during the last quarter. Creative Planning boosted its position in First Trust SMID Cap Rising Dividend Achievers ETF by 31.9% in the 2nd quarter. Creative Planning now owns 9,390 shares of the company’s stock valued at $331,000 after buying an additional 2,270 shares during the last quarter. Brown Advisory Inc. boosted its position in First Trust SMID Cap Rising Dividend Achievers ETF by 4.6% in the 2nd quarter. Brown Advisory Inc. now owns 14,098 shares of the company’s stock valued at $497,000 after buying an additional 621 shares during the last quarter. Cerity Partners LLC bought a new position in First Trust SMID Cap Rising Dividend Achievers ETF in the 2nd quarter valued at $1,897,000. Finally, Qube Research & Technologies Ltd boosted its position in First Trust SMID Cap Rising Dividend Achievers ETF by 189.9% in the 2nd quarter. Qube Research & Technologies Ltd now owns 368,711 shares of the company’s stock valued at $13,008,000 after buying an additional 241,547 shares during the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Performance

Shares of SDVY opened at $41.26 on Thursday. The firm has a market capitalization of $10.68 billion, a price-to-earnings ratio of 14.54 and a beta of 1.01. The business’s fifty day moving average price is $41.41 and its two-hundred day moving average price is $40.50. First Trust SMID Cap Rising Dividend Achievers ETF has a 52 week low of $34.19 and a 52 week high of $42.89.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were given a $0.0976 dividend. This represents a $0.39 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Thursday, March 26th.

First Trust SMID Cap Rising Dividend Achievers 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.