Retirement Planning Group LLC Buys Shares of 13,253 First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Retirement Planning Group LLC purchased a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 13,253 shares of the company’s stock, valued at approximately $504,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Valley National Advisers Inc. raised its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 0.5% in the 3rd quarter. Valley National Advisers Inc. now owns 58,799 shares of the company’s stock valued at $2,235,000 after buying an additional 282 shares during the last quarter. Purus Wealth Management LLC increased its position in First Trust SMID Cap Rising Dividend Achievers ETF by 0.5% in the 3rd quarter. Purus Wealth Management LLC now owns 52,491 shares of the company’s stock valued at $1,996,000 after acquiring an additional 284 shares during the period. Moloney Securities Asset Management LLC raised its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 2.9% during the second quarter. Moloney Securities Asset Management LLC now owns 10,260 shares of the company’s stock valued at $362,000 after acquiring an additional 291 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 1.2% during the second quarter. Farther Finance Advisors LLC now owns 28,969 shares of the company’s stock worth $1,022,000 after purchasing an additional 333 shares during the period. Finally, Ameritas Advisory Services LLC lifted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 0.8% during the second quarter. Ameritas Advisory Services LLC now owns 41,112 shares of the company’s stock worth $1,450,000 after purchasing an additional 335 shares during the period.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Up 0.3%

NASDAQ SDVY opened at $40.11 on Thursday. The company has a market capitalization of $9.94 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 twelve month low of $28.84 and a twelve month high of $40.30. The stock has a fifty day simple moving average of $38.55 and a 200 day simple moving average of $37.67.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were given a dividend of $0.1305 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.3%. This is a positive change from First Trust SMID Cap Rising Dividend Achievers ETF’s previous quarterly dividend of $0.10. The ex-dividend date was Friday, December 12th.

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.