23,744 First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Shares Purchased by Fairvoy Private Wealth LLC

Fairvoy Private Wealth LLC lifted its position in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 13.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 199,320 shares of the company’s stock after acquiring an additional 23,744 shares during the quarter. First Trust SMID Cap Rising Dividend Achievers ETF makes up approximately 1.6% of Fairvoy Private Wealth LLC’s portfolio, making the stock its 15th largest position. Fairvoy Private Wealth LLC owned about 0.08% of First Trust SMID Cap Rising Dividend Achievers ETF worth $8,088,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. MCF Advisors LLC bought a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the 2nd quarter worth about $9,702,000. Pinnacle Wealth Management Advisory Group LLC increased its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 9.7% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 212,206 shares of the company’s stock valued at $9,155,000 after buying an additional 18,769 shares during the last quarter. Guardian Wealth Advisors LLC NC increased its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 4.4% in the 2nd quarter. Guardian Wealth Advisors LLC NC now owns 571,663 shares of the company’s stock valued at $24,662,000 after buying an additional 24,311 shares during the last quarter. Benjamin Edwards Inc. increased its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 13.0% in the 2nd quarter. Benjamin Edwards Inc. now owns 298,897 shares of the company’s stock valued at $12,896,000 after buying an additional 34,295 shares during the last quarter. Finally, IFC & Insurance Marketing Inc. lifted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 48.1% during the 1st quarter. IFC & Insurance Marketing Inc. now owns 88,394 shares of the company’s stock worth $3,485,000 after buying an additional 28,701 shares in the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Performance

Shares of First Trust SMID Cap Rising Dividend Achievers ETF stock traded down $0.09 during mid-day trading on Monday, hitting $41.43. 753,098 shares of the stock were exchanged, compared to its average volume of 1,285,252. First Trust SMID Cap Rising Dividend Achievers ETF has a 12 month low of $36.40 and a 12 month high of $45.11. The company has a 50-day simple moving average of $42.56 and a 200 day simple moving average of $42.33. The company has a market capitalization of $10.95 billion, a P/E ratio of 14.54 and a beta of 1.01.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

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

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.