Integrity Alliance LLC. Invests $535,000 in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Integrity Alliance LLC. acquired a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 15,971 shares of the company’s stock, valued at approximately $535,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Park Square Financial Group LLC bought a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter valued at $31,000. Sunbelt Securities Inc. bought a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter valued at $55,000. Harbor Investment Advisory LLC raised its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 38.8% in the 1st quarter. Harbor Investment Advisory LLC now owns 1,610 shares of the company’s stock valued at $54,000 after acquiring an additional 450 shares during the period. Financial Network Wealth Advisors LLC bought a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the 1st quarter valued at $72,000. Finally, Centaurus Financial Inc. bought a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter valued at $110,000.

First Trust SMID Cap Rising Dividend Achievers ETF Trading Down 1.3%

SDVY opened at $38.16 on Friday. First Trust SMID Cap Rising Dividend Achievers ETF has a 1-year low of $28.84 and a 1-year high of $40.60. The stock’s fifty day simple moving average is $36.93 and its 200 day simple moving average is $34.81. The stock has a market cap of $8.85 billion, a PE ratio of 14.54 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Thursday, June 26th were paid a $0.1178 dividend. This represents a $0.47 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Thursday, June 26th.

First Trust SMID Cap Rising Dividend Achievers ETF Company 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.