Koshinski Asset Management Inc. Has $1.82 Million Holdings in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Koshinski Asset Management Inc. boosted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 10.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 51,584 shares of the company’s stock after acquiring an additional 4,914 shares during the period. Koshinski Asset Management Inc.’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $1,820,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Wagner Wealth Management LLC grew its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 4.3% in the 2nd quarter. Wagner Wealth Management LLC now owns 456,314 shares of the company’s stock valued at $16,099,000 after buying an additional 18,713 shares during the last quarter. National Bank of Canada FI boosted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 162.6% in the first quarter. National Bank of Canada FI now owns 6,736 shares of the company’s stock valued at $225,000 after acquiring an additional 4,171 shares during the period. Fifth Third Bancorp grew its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 120.9% in the second quarter. Fifth Third Bancorp now owns 952 shares of the company’s stock worth $34,000 after acquiring an additional 521 shares during the last quarter. Barry Investment Advisors LLC increased its position in First Trust SMID Cap Rising Dividend Achievers ETF by 7.1% during the second quarter. Barry Investment Advisors LLC now owns 20,368 shares of the company’s stock worth $719,000 after acquiring an additional 1,342 shares during the period. Finally, Envestnet Portfolio Solutions Inc. increased its position in First Trust SMID Cap Rising Dividend Achievers ETF by 71.4% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 106,418 shares of the company’s stock worth $3,565,000 after acquiring an additional 44,324 shares during the period.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

Shares of First Trust SMID Cap Rising Dividend Achievers ETF stock opened at $37.09 on Friday. The company has a market cap of $8.83 billion, a PE ratio of 14.54 and a beta of 1.18. The firm has a fifty day moving average price of $37.75 and a two-hundred day moving average price of $35.48. First Trust SMID Cap Rising Dividend Achievers ETF has a fifty-two week low of $28.84 and a fifty-two week high of $40.60.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were given a dividend of $0.095 per share. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $0.38 dividend on an annualized basis and a yield of 1.0%.

First Trust SMID Cap Rising Dividend Achievers 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.