KMG Fiduciary Partners LLC Has $2.92 Million Stock Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

KMG Fiduciary Partners LLC increased its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 350.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 80,235 shares of the company’s stock after purchasing an additional 62,436 shares during the quarter. KMG Fiduciary Partners LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $2,919,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently 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 in the second quarter valued at about $28,000. Strategic Financial Concepts LLC acquired a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the 2nd quarter valued at about $28,000. Benjamin Edwards Inc. bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the 1st quarter valued at about $32,000. EverSource Wealth Advisors LLC acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 1st quarter worth approximately $34,000. Finally, Mather Group LLC. bought a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 2nd quarter valued at $35,000.

First Trust SMID Cap Rising Dividend Archievers ETF Trading Down 0.4 %

Shares of SDVY opened at $37.30 on Friday. The stock has a market cap of $6.40 billion, a P/E ratio of 8.30 and a beta of 1.18. The stock’s 50-day moving average price is $35.59 and its two-hundred day moving average price is $34.51. First Trust SMID Cap Rising Dividend Archievers ETF has a 1 year low of $26.40 and a 1 year high of $37.55.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a $0.1383 dividend. This represents a $0.55 dividend on an annualized basis and a dividend yield of 1.48%. The ex-dividend date was Thursday, September 26th.

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.