Ballew Advisors Inc Takes Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Ballew Advisors Inc bought a new stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) in the 3rd quarter, Holdings Channel reports. The fund bought 16,781 shares of the company’s stock, valued at approximately $608,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Hazlett Burt & Watson Inc. bought a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the 2nd quarter valued at $28,000. Strategic Financial Concepts LLC bought a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the 2nd quarter valued at $28,000. Benjamin Edwards Inc. bought a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the 1st quarter valued at $32,000. EverSource Wealth Advisors LLC bought a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the 1st quarter valued at $34,000. Finally, Mather Group LLC. bought a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the 2nd quarter valued at $35,000.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

NASDAQ SDVY opened at $36.77 on Friday. First Trust SMID Cap Rising Dividend Archievers ETF has a 12 month low of $26.40 and a 12 month high of $37.25. The company has a market capitalization of $6.23 billion, a price-to-earnings ratio of 8.30 and a beta of 1.18. The company’s fifty day moving average price is $35.22 and its two-hundred day moving average price is $34.42.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a $0.1383 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.55 dividend on an annualized basis and a dividend yield of 1.50%.

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.