JSF Financial LLC Purchases 316,764 Shares of First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

JSF Financial LLC increased its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 55.1% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 891,631 shares of the company’s stock after purchasing an additional 316,764 shares during the quarter. First Trust SMID Cap Rising Dividend Achievers ETF makes up approximately 6.9% of JSF Financial LLC’s investment portfolio, making the stock its 4th largest position. JSF Financial LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $35,157,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Econ Financial Services Corp lifted its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 26.1% in the fourth quarter. Econ Financial Services Corp now owns 179,719 shares of the company’s stock valued at $6,887,000 after acquiring an additional 37,184 shares during the last quarter. CWM LLC grew its position in First Trust SMID Cap Rising Dividend Achievers ETF by 7.4% in the fourth quarter. CWM LLC now owns 448,472 shares of the company’s stock worth $17,185,000 after acquiring an additional 30,845 shares during the period. Arvest Investments Inc. increased its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 10.7% during the fourth quarter. Arvest Investments Inc. now owns 263,558 shares of the company’s stock worth $10,100,000 after acquiring an additional 25,490 shares during the last quarter. Virtus Family Office LLC increased its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 14.1% during the fourth quarter. Virtus Family Office LLC now owns 106,427 shares of the company’s stock worth $4,078,000 after acquiring an additional 13,183 shares during the last quarter. Finally, BAM Wealth Management LLC raised its position in First Trust SMID Cap Rising Dividend Achievers ETF by 193.3% in the fourth quarter. BAM Wealth Management LLC now owns 39,606 shares of the company’s stock valued at $1,518,000 after purchasing an additional 26,101 shares during the period.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Down 0.7%

Shares of First Trust SMID Cap Rising Dividend Achievers ETF stock opened at $43.07 on Tuesday. First Trust SMID Cap Rising Dividend Achievers ETF has a 52 week low of $35.03 and a 52 week high of $43.82. The business’s fifty day simple moving average is $42.15 and its 200-day simple moving average is $41.31. The firm has a market cap of $11.37 billion, a PE ratio of 14.54 and a beta of 1.01.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The firm also recently disclosed 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. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Thursday, June 25th.

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.