First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Shares Acquired by Simplicity Wealth LLC

Simplicity Wealth LLC increased its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 68.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 144,108 shares of the company’s stock after purchasing an additional 58,378 shares during the quarter. Simplicity Wealth LLC owned approximately 0.06% of First Trust SMID Cap Rising Dividend Achievers ETF worth $5,682,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SDVY. Arbor Capital Management Inc. ADV boosted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 2.2% in the 1st quarter. Arbor Capital Management Inc. ADV now owns 12,440 shares of the company’s stock valued at $515,000 after buying an additional 267 shares in the last quarter. Torren Management LLC purchased a new stake in First Trust SMID Cap Rising Dividend Achievers ETF during the 1st quarter valued at approximately $50,000. Stiles Financial Services Inc lifted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 2.2% during the first quarter. Stiles Financial Services Inc now owns 20,982 shares of the company’s stock worth $827,000 after purchasing an additional 443 shares during the period. Mason & Associates Inc lifted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 2.9% in the 1st quarter. Mason & Associates Inc now owns 81,677 shares of the company’s stock worth $3,144,000 after acquiring an additional 2,317 shares during the period. Finally, Kestra Advisory Services LLC lifted its position in First Trust SMID Cap Rising Dividend Achievers ETF by 5.5% in the first quarter. Kestra Advisory Services LLC now owns 1,659,688 shares of the company’s stock valued at $65,441,000 after purchasing an additional 87,259 shares during the period.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Up 0.4%

Shares of First Trust SMID Cap Rising Dividend Achievers ETF stock traded up $0.19 during trading on Friday, reaching $42.99. The company’s stock had a trading volume of 912,275 shares, compared to its average volume of 1,485,484. The company has a market capitalization of $11.33 billion, a P/E ratio of 14.54 and a beta of 1.01. First Trust SMID Cap Rising Dividend Achievers ETF has a 12-month low of $35.03 and a 12-month high of $43.63. The business has a 50 day moving average price of $42.02 and a 200-day moving average price of $41.13.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The business also recently disclosed 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 dividend on an annualized basis 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.