First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Stock Position Lifted by Elevation Point Wealth Partners LLC

Elevation Point Wealth Partners LLC grew its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 14,172.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,039,862 shares of the company’s stock after purchasing an additional 1,032,576 shares during the period. First Trust SMID Cap Rising Dividend Achievers ETF makes up approximately 1.0% of Elevation Point Wealth Partners LLC’s investment portfolio, making the stock its 13th largest holding. Elevation Point Wealth Partners LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $41,002,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of SDVY. Eagle Bay Advisors LLC acquired a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the fourth quarter worth about $25,000. Oakworth Capital Inc. acquired a new position in First Trust SMID Cap Rising Dividend Achievers ETF during the 4th quarter valued at about $25,000. Trust Co. of Vermont acquired a new position in First Trust SMID Cap Rising Dividend Achievers ETF during the 4th quarter valued at about $27,000. Smartleaf Asset Management LLC bought a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the 4th quarter worth about $28,000. Finally, EQ Wealth Advisors LLC bought a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the 4th quarter worth about $30,000.

First Trust SMID Cap Rising Dividend Achievers ETF Trading Down 0.0%

Shares of NASDAQ:SDVY opened at $43.16 on Friday. The company has a 50 day moving average of $41.93 and a 200-day moving average of $40.98. The firm has a market cap of $11.35 billion, a P/E ratio of 14.54 and a beta of 1.01. First Trust SMID Cap Rising Dividend Achievers ETF has a twelve month low of $35.03 and a twelve month high of $43.63.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were issued a dividend of $0.0901 per share. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $0.36 annualized dividend and a yield of 0.8%.

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.