Stonebridge Financial Planning Group LLC Increases Stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Stonebridge Financial Planning Group LLC increased its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 197.5% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 36,087 shares of the company’s stock after purchasing an additional 23,958 shares during the period. Stonebridge Financial Planning Group LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $1,205,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Hazlett Burt & Watson Inc. acquired a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the 2nd quarter worth approximately $28,000. Benjamin Edwards Inc. acquired a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the 1st quarter worth approximately $32,000. Mather Group LLC. acquired a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the 2nd quarter worth approximately $35,000. EverSource Wealth Advisors LLC acquired a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the 1st quarter worth approximately $34,000. Finally, VitalStone Financial LLC acquired a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the 4th quarter worth approximately $39,000.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Up 1.0 %

NASDAQ SDVY opened at $34.31 on Friday. First Trust SMID Cap Rising Dividend Archievers ETF has a 52 week low of $26.40 and a 52 week high of $37.25. The stock has a market capitalization of $5.15 billion, a PE ratio of 8.30 and a beta of 1.18. The firm has a 50 day moving average of $34.79 and a two-hundred day moving average of $34.02.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were issued a $0.1503 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.75%. The ex-dividend date of this dividend 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.