Ethos Financial Group LLC Invests $2 Million in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Ethos Financial Group LLC bought a new position in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 50,604 shares of the company’s stock, valued at approximately $1,995,000.

Several other large investors also recently made changes to their positions in the company. Eagle Bay Advisors LLC bought a new stake in First Trust SMID Cap Rising Dividend Achievers ETF during the fourth quarter worth approximately $25,000. Oakworth Capital Inc. acquired a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the fourth quarter valued at $25,000. Trust Co. of Vermont bought a new position in First Trust SMID Cap Rising Dividend Achievers ETF during the fourth quarter valued at about $27,000. Smartleaf Asset Management LLC bought a new position in First Trust SMID Cap Rising Dividend Achievers ETF during the fourth quarter valued at about $28,000. Finally, EQ Wealth Advisors LLC acquired a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter valued at about $30,000.

First Trust SMID Cap Rising Dividend Achievers ETF Trading Up 0.1%

NASDAQ SDVY opened at $42.92 on Wednesday. First Trust SMID Cap Rising Dividend Achievers ETF has a 1-year low of $35.03 and a 1-year high of $43.63. The company has a market capitalization of $11.32 billion, a PE ratio of 14.54 and a beta of 1.01. The firm’s fifty day simple moving average is $42.04 and its 200-day simple moving average is $41.19.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

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

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.