Virtus Family Office LLC Boosts Holdings in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Virtus Family Office LLC raised its stake in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 105.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 93,244 shares of the company’s stock after acquiring an additional 47,861 shares during the quarter. First Trust SMID Cap Rising Dividend Achievers ETF makes up 3.3% of Virtus Family Office LLC’s holdings, making the stock its 11th biggest position. Virtus Family Office LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $3,545,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of SDVY. Capital Investment Advisory Services LLC grew its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 36.2% during the third quarter. Capital Investment Advisory Services LLC now owns 92,496 shares of the company’s stock valued at $3,517,000 after purchasing an additional 24,598 shares during the period. Prasad Wealth Partners LLC purchased a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the 3rd quarter worth about $377,000. Titleist Asset Management LLC raised its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 3.2% in the 3rd quarter. Titleist Asset Management LLC now owns 95,692 shares of the company’s stock valued at $3,638,000 after acquiring an additional 2,968 shares during the period. IMG Wealth Management Inc. boosted its position in First Trust SMID Cap Rising Dividend Achievers ETF by 19.1% during the third quarter. IMG Wealth Management Inc. now owns 136,967 shares of the company’s stock worth $5,207,000 after purchasing an additional 22,004 shares during the period. Finally, J.W. Cole Advisors Inc. increased its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 3.4% in the third quarter. J.W. Cole Advisors Inc. now owns 307,240 shares of the company’s stock worth $11,681,000 after purchasing an additional 10,035 shares in the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Trading Up 2.0%

Shares of SDVY stock traded up $0.82 during trading on Friday, reaching $42.20. 158,055 shares of the company’s stock traded hands, compared to its average volume of 1,714,195. The firm’s 50-day moving average is $39.57 and its 200 day moving average is $38.17. The company has a market capitalization of $10.58 billion, a P/E ratio of 14.54 and a beta of 1.12. First Trust SMID Cap Rising Dividend Achievers ETF has a 1 year low of $28.84 and a 1 year high of $42.10.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were given a $0.1305 dividend. This represents a $0.52 annualized dividend and a dividend yield of 1.2%. This is a boost from First Trust SMID Cap Rising Dividend Achievers ETF’s previous quarterly dividend of $0.10. The ex-dividend date was Friday, December 12th.

About First Trust SMID Cap Rising Dividend Achievers 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.