Creative Financial Designs Inc. ADV Grows Stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Creative Financial Designs Inc. ADV lifted its stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 60.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 44,698 shares of the company’s stock after buying an additional 16,769 shares during the period. Creative Financial Designs Inc. ADV’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $1,626,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Hazlett Burt & Watson Inc. purchased a new position in First Trust SMID Cap Rising Dividend Archievers ETF in the 2nd quarter worth approximately $28,000. Mather Group LLC. acquired a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the second quarter worth $35,000. EverSource Wealth Advisors LLC acquired a new position in First Trust SMID Cap Rising Dividend Archievers ETF in the 1st quarter worth $34,000. ORG Partners LLC purchased a new position in First Trust SMID Cap Rising Dividend Archievers ETF in the 3rd quarter valued at about $73,000. Finally, Industrial Alliance Investment Management Inc. acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the first quarter valued at about $93,000.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Performance

Shares of NASDAQ SDVY opened at $35.95 on Friday. The firm has a market cap of $6.29 billion, a price-to-earnings ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a 1 year low of $27.26 and a 1 year high of $37.55. The stock’s 50-day simple moving average is $35.90 and its 200-day simple moving average is $34.68.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a dividend of $0.1383 per share. This represents a $0.55 annualized dividend and a dividend yield of 1.54%. The ex-dividend date of this dividend was Thursday, September 26th.

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.