First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Shares Purchased by Avidian Wealth Solutions LLC

Avidian Wealth Solutions LLC increased its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 4.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 15,866 shares of the company’s stock after purchasing an additional 722 shares during the quarter. Avidian Wealth Solutions LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $520,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Harbor Investment Advisory LLC lifted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 123.0% in the fourth quarter. Harbor Investment Advisory LLC now owns 970 shares of the company’s stock valued at $32,000 after acquiring an additional 535 shares during the period. CWM LLC acquired a new stake in First Trust SMID Cap Rising Dividend Archievers ETF in the fourth quarter valued at $107,000. DHJJ Financial Advisors Ltd. lifted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 111.2% in the fourth quarter. DHJJ Financial Advisors Ltd. now owns 5,743 shares of the company’s stock valued at $188,000 after acquiring an additional 3,024 shares during the period. Salem Investment Counselors Inc. acquired a new stake in First Trust SMID Cap Rising Dividend Archievers ETF in the fourth quarter valued at $190,000. Finally, Waterfront Wealth Inc. acquired a new stake in First Trust SMID Cap Rising Dividend Archievers ETF in the fourth quarter valued at $214,000.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Performance

First Trust SMID Cap Rising Dividend Archievers ETF stock traded up $0.44 during midday trading on Monday, reaching $34.16. The company’s stock had a trading volume of 600,720 shares, compared to its average volume of 1,090,774. First Trust SMID Cap Rising Dividend Archievers ETF has a fifty-two week low of $25.06 and a fifty-two week high of $34.96. The stock’s 50 day simple moving average is $33.46 and its 200 day simple moving average is $31.67. The firm has a market capitalization of $4.15 billion, a PE ratio of 7.97 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were given a $0.1032 dividend. This represents a $0.41 dividend on an annualized basis and a dividend yield of 1.21%. The ex-dividend date was Thursday, March 21st.

First Trust SMID Cap Rising Dividend Archievers 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.