Smith Chas P & Associates PA Cpas Boosts Holdings in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Smith Chas P & Associates PA Cpas increased its holdings in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 76.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,027,452 shares of the company’s stock after purchasing an additional 444,567 shares during the period. First Trust SMID Cap Rising Dividend Achievers ETF accounts for 2.1% of Smith Chas P & Associates PA Cpas’ holdings, making the stock its 19th biggest holding. Smith Chas P & Associates PA Cpas’ holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $39,372,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. TD Waterhouse Canada Inc. lifted its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 1.7% in the 4th quarter. TD Waterhouse Canada Inc. now owns 15,085 shares of the company’s stock worth $578,000 after purchasing an additional 251 shares in the last quarter. Keystone Financial Services LLC raised its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 1.3% during the 4th quarter. Keystone Financial Services LLC now owns 19,815 shares of the company’s stock worth $759,000 after acquiring an additional 252 shares in the last quarter. Insight Inv LLC raised its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 2.0% during the 4th quarter. Insight Inv LLC now owns 13,770 shares of the company’s stock worth $528,000 after acquiring an additional 270 shares in the last quarter. Fortis Group Advisors LLC raised its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 3.3% during the 4th quarter. Fortis Group Advisors LLC now owns 8,422 shares of the company’s stock worth $340,000 after acquiring an additional 272 shares in the last quarter. Finally, Marino Stram & Associates LLC raised its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 4.0% during the 4th quarter. Marino Stram & Associates LLC now owns 7,306 shares of the company’s stock worth $280,000 after acquiring an additional 284 shares in the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

Shares of SDVY opened at $41.72 on Thursday. The stock has a market capitalization of $10.80 billion, a price-to-earnings ratio of 14.54 and a beta of 1.04. First Trust SMID Cap Rising Dividend Achievers ETF has a 1 year low of $33.89 and a 1 year high of $42.89. The business’s 50 day simple moving average is $40.99 and its 200-day simple moving average is $40.22.

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. Stockholders of record on Thursday, March 26th were issued a dividend of $0.0976 per share. This represents a $0.39 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend was Thursday, March 26th.

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.