Leo Wealth LLC Takes Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Leo Wealth LLC purchased a new stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 46,949 shares of the company’s stock, valued at approximately $1,562,000. Leo Wealth LLC owned about 0.05% of First Trust SMID Cap Rising Dividend Archievers ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Wells Fargo & Company MN increased its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 81.4% in the 4th quarter. Wells Fargo & Company MN now owns 4,477,768 shares of the company’s stock worth $146,736,000 after acquiring an additional 2,009,597 shares during the last quarter. Truist Financial Corp raised its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 260.8% during the third quarter. Truist Financial Corp now owns 2,167,156 shares of the company’s stock worth $61,179,000 after purchasing an additional 1,566,457 shares during the period. LPL Financial LLC raised its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 15.8% during the third quarter. LPL Financial LLC now owns 6,870,147 shares of the company’s stock worth $193,944,000 after purchasing an additional 935,420 shares during the period. Commonwealth Equity Services LLC boosted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 159.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 1,087,452 shares of the company’s stock valued at $35,636,000 after purchasing an additional 667,805 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. grew its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 127.5% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 1,124,901 shares of the company’s stock valued at $36,863,000 after buying an additional 630,424 shares during the period.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

Shares of SDVY stock traded up $0.45 during trading on Monday, hitting $33.24. 571,909 shares of the stock traded hands, compared to its average volume of 1,045,195. First Trust SMID Cap Rising Dividend Archievers ETF has a 52-week low of $26.40 and a 52-week high of $34.97. The firm has a market capitalization of $4.04 billion, a P/E ratio of 8.30 and a beta of 1.18. The firm’s fifty day moving average price is $33.69 and its 200-day moving average price is $32.94.

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 given a $0.1032 dividend. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.41 dividend on an annualized basis and a yield of 1.24%.

First Trust SMID Cap Rising Dividend Archievers 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.