JSF Financial LLC Acquires Shares of 574,867 First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

JSF Financial LLC bought a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 574,867 shares of the company’s stock, valued at approximately $22,029,000. First Trust SMID Cap Rising Dividend Achievers ETF accounts for about 4.6% of JSF Financial LLC’s investment portfolio, making the stock its 7th biggest position. JSF Financial LLC owned approximately 0.23% of First Trust SMID Cap Rising Dividend Achievers ETF at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in SDVY. Focus Partners Wealth boosted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 41.2% during the first quarter. Focus Partners Wealth now owns 43,712 shares of the company’s stock valued at $1,464,000 after purchasing an additional 12,748 shares during the period. Creative Planning grew its stake 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 worth $331,000 after acquiring an additional 2,270 shares in the last quarter. Brown Advisory Inc. grew its stake 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 worth $497,000 after acquiring an additional 621 shares in the last quarter. Cerity Partners LLC bought a new position in First Trust SMID Cap Rising Dividend Achievers ETF in the 2nd quarter worth about $1,897,000. Finally, Qube Research & Technologies Ltd grew its stake 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 worth $13,008,000 after acquiring an additional 241,547 shares in the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

Shares of SDVY stock opened at $41.84 on Friday. The company has a market capitalization of $10.83 billion, a P/E ratio of 14.54 and a beta of 1.04. The company’s 50-day simple moving average is $40.85 and its two-hundred day simple moving average is $39.84. First Trust SMID Cap Rising Dividend Achievers ETF has a one year low of $33.54 and a one year high of $42.89.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were paid 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.