First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Shares Purchased by Fairvoy Private Wealth LLC

Fairvoy Private Wealth LLC lifted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 13.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 199,320 shares of the company’s stock after purchasing an additional 23,744 shares during the period. First Trust SMID Cap Rising Dividend Achievers ETF comprises approximately 1.6% of Fairvoy Private Wealth LLC’s investment portfolio, making the stock its 15th largest holding. Fairvoy Private Wealth LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $8,088,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in SDVY. Investment Partners LTD. boosted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 1.0% in the 2nd quarter. Investment Partners LTD. now owns 24,366 shares of the company’s stock worth $1,051,000 after buying an additional 237 shares during the last quarter. Arbor Capital Management Inc. ADV grew its position in First Trust SMID Cap Rising Dividend Achievers ETF by 2.2% during the first 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 during the period. Independent Wealth Network Inc. grew its position in First Trust SMID Cap Rising Dividend Achievers ETF by 1.7% during the first quarter. Independent Wealth Network Inc. now owns 18,298 shares of the company’s stock valued at $721,000 after buying an additional 301 shares during the period. Manchester Financial Inc. increased its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 1.6% during the first quarter. Manchester Financial Inc. now owns 19,638 shares of the company’s stock worth $774,000 after buying an additional 305 shares during the last quarter. Finally, Lighthouse Wealth Management Inc. increased its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 1.6% during the first quarter. Lighthouse Wealth Management Inc. now owns 20,576 shares of the company’s stock worth $811,000 after buying an additional 315 shares during the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Down 0.2%

NASDAQ SDVY traded down $0.09 during trading hours on Monday, reaching $41.43. 753,098 shares of the company were exchanged, compared to its average volume of 1,285,252. The stock has a market capitalization of $10.95 billion, a P/E ratio of 14.54 and a beta of 1.01. First Trust SMID Cap Rising Dividend Achievers ETF has a 1 year low of $36.40 and a 1 year high of $45.11. The business’s 50 day simple moving average is $42.56 and its 200-day simple moving average is $42.33.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were paid a $0.1002 dividend. The ex-dividend date was Thursday, September 24th. This is a positive change from First Trust SMID Cap Rising Dividend Achievers ETF’s previous quarterly dividend of $0.0901. This represents a $0.40 dividend on an annualized basis and a yield of 1.0%.

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.