U.S. Capital Wealth Advisors LLC Decreases Stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

U.S. Capital Wealth Advisors LLC decreased its position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 9.5% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 10,215 shares of the company’s stock after selling 1,075 shares during the period. U.S. Capital Wealth Advisors LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $335,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in SDVY. Waterfront Wealth Inc. bought a new stake in First Trust SMID Cap Rising Dividend Archievers ETF during the 4th quarter valued at approximately $214,000. Arvest Investments Inc. purchased a new stake in First Trust SMID Cap Rising Dividend Archievers ETF in the fourth quarter worth $5,578,000. B. Riley Wealth Advisors Inc. raised its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 4.9% in the third quarter. B. Riley Wealth Advisors Inc. now owns 19,338 shares of the company’s stock worth $546,000 after purchasing an additional 903 shares in the last quarter. Raymond James & Associates lifted its position in First Trust SMID Cap Rising Dividend Archievers ETF by 29.7% during the fourth quarter. Raymond James & Associates now owns 2,579,613 shares of the company’s stock valued at $84,534,000 after buying an additional 590,680 shares during the period. Finally, Crumly & Associates Inc. bought a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 4th quarter valued at $707,000.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

Shares of First Trust SMID Cap Rising Dividend Archievers ETF stock opened at $34.11 on Wednesday. First Trust SMID Cap Rising Dividend Archievers ETF has a 1 year low of $25.06 and a 1 year high of $34.96. The firm’s 50-day moving average is $33.51 and its 200 day moving average is $31.77. The stock has a market cap of $4.15 billion, a price-to-earnings ratio of 7.97 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were issued 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 of this dividend 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.