Stratos Wealth Advisors LLC Grows Stock Holdings in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Stratos Wealth Advisors LLC grew its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 11.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 286,039 shares of the company’s stock after purchasing an additional 28,479 shares during the period. Stratos Wealth Advisors LLC owned about 0.12% of First Trust SMID Cap Rising Dividend Achievers ETF worth $10,875,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. GoalVest Advisory LLC purchased a new stake in First Trust SMID Cap Rising Dividend Achievers ETF during the 3rd quarter worth approximately $25,000. Bank of Jackson Hole Trust purchased a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the 3rd quarter valued at about $25,000. Hantz Financial Services Inc. purchased a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the second quarter worth approximately $33,000. Atlantic Union Bankshares Corp acquired a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the second quarter valued at approximately $34,000. Finally, Princeton Global Asset Management LLC acquired a new position in First Trust SMID Cap Rising Dividend Achievers ETF during the 3rd quarter worth approximately $36,000.

First Trust SMID Cap Rising Dividend Achievers ETF Trading Up 0.2%

Shares of SDVY opened at $42.32 on Wednesday. The firm’s fifty day simple moving average is $39.82 and its 200-day simple moving average is $38.33. The firm has a market capitalization of $10.61 billion, a price-to-earnings ratio of 14.54 and a beta of 1.12. First Trust SMID Cap Rising Dividend Achievers ETF has a twelve month low of $28.84 and a twelve month high of $42.50.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

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

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.