Gerald Baker Financial Group LLC Buys New Stake in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Gerald Baker Financial Group LLC purchased a new stake in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 86,623 shares of the company’s stock, valued at approximately $3,105,000. First Trust SMID Cap Rising Dividend Achievers ETF makes up about 1.0% of Gerald Baker Financial Group LLC’s holdings, making the stock its 28th largest position.

Other institutional investors also recently bought and sold shares of the company. TD Waterhouse Canada Inc. raised its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 1.7% during the 4th quarter. TD Waterhouse Canada Inc. now owns 15,085 shares of the company’s stock worth $578,000 after acquiring an additional 251 shares in the last quarter. Keystone Financial Services LLC boosted its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 1.3% in the fourth quarter. Keystone Financial Services LLC now owns 19,815 shares of the company’s stock valued at $759,000 after purchasing an additional 252 shares in the last quarter. Allie Family Office LLC boosted its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 2.3% in the fourth quarter. Allie Family Office LLC now owns 11,545 shares of the company’s stock valued at $442,000 after purchasing an additional 264 shares in the last quarter. Arbor Capital Management Inc. ADV boosted its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 2.2% in the first quarter. Arbor Capital Management Inc. ADV now owns 12,440 shares of the company’s stock valued at $515,000 after purchasing an additional 267 shares in the last quarter. Finally, Insight Inv LLC increased its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 2.0% in the fourth quarter. Insight Inv LLC now owns 13,770 shares of the company’s stock valued at $528,000 after purchasing an additional 270 shares during the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Trading Up 1.6%

SDVY stock opened at $43.71 on Friday. First Trust SMID Cap Rising Dividend Achievers ETF has a twelve month low of $35.03 and a twelve month high of $43.71. The company’s 50 day moving average is $42.09 and its two-hundred day moving average is $41.25. The stock has a market cap of $11.54 billion, a P/E ratio of 14.54 and a beta of 1.01.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

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

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.