Dagco Inc. Acquires 15,098 Shares of First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Dagco Inc. grew its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 3.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 428,281 shares of the company’s stock after buying an additional 15,098 shares during the quarter. First Trust SMID Cap Rising Dividend Achievers ETF accounts for 3.4% of Dagco Inc.’s portfolio, making the stock its 9th largest position. Dagco Inc.’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $18,476,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. CWM LLC increased its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 7.4% in the 4th quarter. CWM LLC now owns 448,472 shares of the company’s stock valued at $17,185,000 after purchasing an additional 30,845 shares in the last quarter. Virtus Family Office LLC raised its position in First Trust SMID Cap Rising Dividend Achievers ETF by 14.1% in the fourth quarter. Virtus Family Office LLC now owns 106,427 shares of the company’s stock valued at $4,078,000 after purchasing an additional 13,183 shares during the period. Directional Asset Management acquired a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the fourth quarter worth about $609,000. Summit Wealth Group LLC Co. acquired a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the fourth quarter worth about $1,047,000. Finally, Pinnacle Associates Ltd. boosted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 8.3% in the fourth quarter. Pinnacle Associates Ltd. now owns 252,704 shares of the company’s stock worth $9,684,000 after buying an additional 19,452 shares during the period.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

Shares of NASDAQ SDVY opened at $44.51 on Wednesday. First Trust SMID Cap Rising Dividend Achievers ETF has a 1-year low of $36.40 and a 1-year high of $45.11. The company has a market capitalization of $11.76 billion, a price-to-earnings ratio of 14.54 and a beta of 1.01. The business has a 50-day moving average of $43.00 and a 200-day moving average of $41.78.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were given a dividend of $0.0901 per share. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $0.36 annualized dividend and a yield of 0.8%.

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.