First Heartland Consultants Inc. Grows Stock Holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

First Heartland Consultants Inc. grew its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 33.2% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 320,792 shares of the company’s stock after purchasing an additional 79,987 shares during the period. First Trust SMID Cap Rising Dividend Archievers ETF comprises 1.3% of First Heartland Consultants Inc.’s investment portfolio, making the stock its 19th largest holding. First Heartland Consultants Inc.’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $11,670,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Envestnet Portfolio Solutions Inc. boosted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 75.1% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 53,981 shares of the company’s stock valued at $1,880,000 after purchasing an additional 23,148 shares during the period. Kingsview Wealth Management LLC boosted its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 0.9% during the first quarter. Kingsview Wealth Management LLC now owns 61,726 shares of the company’s stock worth $2,149,000 after buying an additional 534 shares in the last quarter. Blair William & Co. IL increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 32.7% during the 1st quarter. Blair William & Co. IL now owns 966,461 shares of the company’s stock worth $33,652,000 after purchasing an additional 237,950 shares in the last quarter. Leo Wealth LLC increased its position in First Trust SMID Cap Rising Dividend Archievers ETF by 27.8% in the first quarter. Leo Wealth LLC now owns 59,978 shares of the company’s stock worth $2,072,000 after purchasing an additional 13,029 shares during the period. Finally, Wintrust Investments LLC raised its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 14.9% during the 1st quarter. Wintrust Investments LLC now owns 176,158 shares of the company’s stock valued at $6,134,000 after acquiring an additional 22,810 shares during the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Down 0.6 %

Shares of NASDAQ:SDVY traded down $0.22 during midday trading on Tuesday, reaching $38.89. 555,801 shares of the company were exchanged, compared to its average volume of 1,124,681. First Trust SMID Cap Rising Dividend Archievers ETF has a fifty-two week low of $27.45 and a fifty-two week high of $39.24. The stock has a fifty day simple moving average of $36.17 and a two-hundred day simple moving average of $34.92. The firm has a market cap of $6.81 billion, a PE ratio of 8.30 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a dividend of $0.1383 per share. This represents a $0.55 dividend on an annualized basis and a yield of 1.42%. The ex-dividend date of this dividend was Thursday, September 26th.

First Trust SMID Cap Rising Dividend Archievers ETF 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.