First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Stock Holdings Increased by Private Wealth Asset Management LLC

Private Wealth Asset Management LLC boosted its position in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 27.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 357,588 shares of the company’s stock after buying an additional 76,039 shares during the period. First Trust SMID Cap Rising Dividend Achievers ETF accounts for approximately 1.5% of Private Wealth Asset Management LLC’s holdings, making the stock its 12th biggest holding. Private Wealth Asset Management LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $13,703,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Eagle Bay Advisors LLC bought a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the fourth quarter valued at about $25,000. Oakworth Capital Inc. bought a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the fourth quarter valued at about $25,000. Trust Co. of Vermont bought a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the fourth quarter valued at about $27,000. EQ Wealth Advisors LLC acquired a new position in First Trust SMID Cap Rising Dividend Achievers ETF in the fourth quarter valued at approximately $30,000. Finally, High Note Wealth LLC acquired a new position in First Trust SMID Cap Rising Dividend Achievers ETF in the fourth quarter valued at approximately $32,000.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Down 0.4%

Shares of SDVY stock opened at $41.17 on Thursday. The business has a 50 day moving average of $41.19 and a two-hundred day moving average of $40.33. First Trust SMID Cap Rising Dividend Achievers ETF has a 52 week low of $34.19 and a 52 week high of $42.89. The company has a market cap of $10.66 billion, a P/E ratio of 14.54 and a beta of 1.04.

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.

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.