First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Shares Bought by Victory Financial Group LLC

Victory Financial Group LLC lifted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 273.1% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 43,137 shares of the company’s stock after buying an additional 31,575 shares during the quarter. Victory Financial Group LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $1,751,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. MCF Advisors LLC bought a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the second quarter worth approximately $9,702,000. Pinnacle Wealth Management Advisory Group LLC grew its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 9.7% in the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 212,206 shares of the company’s stock valued at $9,155,000 after purchasing an additional 18,769 shares during the last quarter. Guardian Wealth Advisors LLC NC grew its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 4.4% in the second quarter. Guardian Wealth Advisors LLC NC now owns 571,663 shares of the company’s stock valued at $24,662,000 after purchasing an additional 24,311 shares during the last quarter. Benjamin Edwards Inc. increased its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 13.0% during the second quarter. Benjamin Edwards Inc. now owns 298,897 shares of the company’s stock worth $12,896,000 after purchasing an additional 34,295 shares during the period. Finally, Southern Financial Group LLC increased its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 0.9% during the first quarter. Southern Financial Group LLC now owns 1,303,502 shares of the company’s stock worth $51,397,000 after purchasing an additional 11,694 shares during the period.

First Trust SMID Cap Rising Dividend Achievers ETF Trading Down 0.4%

NASDAQ:SDVY opened at $42.07 on Wednesday. The stock has a market cap of $11.10 billion, a P/E ratio of 14.54 and a beta of 1.01. The stock has a 50 day simple moving average of $42.22 and a 200 day simple moving average of $41.88. First Trust SMID Cap Rising Dividend Achievers ETF has a 1-year low of $36.40 and a 1-year high of $45.11.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were issued a $0.1002 dividend. The ex-dividend date of this dividend was Thursday, September 24th. This represents a $0.40 dividend on an annualized basis and a yield of 1.0%. This is a positive change from First Trust SMID Cap Rising Dividend Achievers ETF’s previous quarterly dividend of $0.0901.

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.