Goldenstone Wealth Management LLC Purchases Shares of 79,510 First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Goldenstone Wealth Management LLC purchased a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 79,510 shares of the company’s stock, valued at approximately $3,047,000. First Trust SMID Cap Rising Dividend Achievers ETF comprises 2.3% of Goldenstone Wealth Management LLC’s investment portfolio, making the stock its 11th biggest holding.

Other large investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. lifted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 6.9% in the 3rd quarter. Raymond James Financial Inc. now owns 12,844,014 shares of the company’s stock valued at $488,323,000 after buying an additional 825,345 shares during the period. Bank of America Corp DE lifted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 8.3% in the 3rd quarter. Bank of America Corp DE now owns 7,982,389 shares of the company’s stock valued at $303,486,000 after buying an additional 614,123 shares during the period. JSF Financial LLC acquired a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter valued at about $22,029,000. Trilogy Capital Inc. acquired a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter valued at about $21,219,000. Finally, HighTower Advisors LLC lifted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 20.3% in the 3rd quarter. HighTower Advisors LLC now owns 3,127,052 shares of the company’s stock valued at $118,890,000 after buying an additional 528,572 shares during the period.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Up 1.6%

Shares of SDVY stock opened at $41.28 on Thursday. The stock has a market cap of $10.69 billion, a PE ratio of 14.54 and a beta of 1.04. The business has a 50-day simple moving average of $40.80 and a 200-day simple moving average of $40.07. First Trust SMID Cap Rising Dividend Achievers ETF has a 52-week low of $33.54 and a 52-week high of $42.89.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were issued a $0.0976 dividend. 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.

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.