Legacy Capital Wealth Partners LLC Acquires New Stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Legacy Capital Wealth Partners LLC purchased a new stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 14,427 shares of the company’s stock, valued at approximately $482,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Investment Partners LTD. lifted its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 1.5% during the first quarter. Investment Partners LTD. now owns 21,271 shares of the company’s stock worth $741,000 after purchasing an additional 315 shares during the last quarter. World Equity Group Inc. boosted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 0.4% in the 2nd quarter. World Equity Group Inc. now owns 108,498 shares of the company’s stock valued at $3,622,000 after purchasing an additional 423 shares during the period. Private Client Services LLC grew its position in First Trust SMID Cap Rising Dividend Archievers ETF by 6.6% during the 2nd quarter. Private Client Services LLC now owns 6,929 shares of the company’s stock worth $231,000 after purchasing an additional 426 shares in the last quarter. TD Capital Management LLC grew its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 27.7% during the 4th quarter. TD Capital Management LLC now owns 2,026 shares of the company’s stock valued at $66,000 after acquiring an additional 439 shares in the last quarter. Finally, Hilltop Holdings Inc. increased its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 0.6% in the fourth quarter. Hilltop Holdings Inc. now owns 71,898 shares of the company’s stock worth $2,356,000 after acquiring an additional 444 shares during the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

NASDAQ SDVY opened at $35.03 on Wednesday. First Trust SMID Cap Rising Dividend Archievers ETF has a fifty-two week low of $26.40 and a fifty-two week high of $37.25. The firm has a market cap of $5.25 billion, a P/E ratio of 8.30 and a beta of 1.18. The stock’s 50-day moving average is $34.60 and its two-hundred day moving average is $33.93.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were paid a $0.1503 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.72%. The ex-dividend date was Thursday, June 27th.

About First Trust SMID Cap Rising Dividend Archievers ETF

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.