Gilpin Wealth Management LLC Purchases Shares of 13,542 First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Gilpin Wealth Management LLC purchased a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) during the fourth quarter, Holdings Channel reports. The firm purchased 13,542 shares of the company’s stock, valued at approximately $519,000.

A number of other large investors have also added to or reduced their stakes in SDVY. Eagle Bay Advisors LLC purchased a new stake in First Trust SMID Cap Rising Dividend Achievers ETF during the fourth quarter valued at about $25,000. Oakworth Capital Inc. bought a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the fourth quarter valued at about $25,000. Trust Co. of Vermont bought a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the fourth quarter valued at about $27,000. EQ Wealth Advisors LLC bought a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the fourth quarter valued at about $30,000. Finally, High Note Wealth LLC bought a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the fourth quarter valued at about $32,000.

First Trust SMID Cap Rising Dividend Achievers ETF Trading Down 1.3%

Shares of NASDAQ:SDVY opened at $41.26 on Thursday. The stock’s 50-day moving average price is $41.41 and its 200-day moving average price is $40.50. First Trust SMID Cap Rising Dividend Achievers ETF has a 12-month low of $34.19 and a 12-month high of $42.89. The stock has a market capitalization of $10.68 billion, a P/E ratio of 14.54 and a beta of 1.01.

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 paid a dividend of $0.0976 per share. This represents a $0.39 dividend on an annualized basis 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.