First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Stock Bought by Csenge Advisory Group

Csenge Advisory Group raised its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 9.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 712,846 shares of the company’s stock after purchasing an additional 62,481 shares during the period. First Trust SMID Cap Rising Dividend Achievers ETF accounts for about 1.1% of Csenge Advisory Group’s portfolio, making the stock its 16th biggest position. Csenge Advisory Group owned about 0.27% of First Trust SMID Cap Rising Dividend Achievers ETF worth $28,927,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SDVY. Parallel Advisors LLC boosted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 3.3% in the 3rd quarter. Parallel Advisors LLC now owns 24,484 shares of the company’s stock worth $994,000 after purchasing an additional 790 shares during the period. United Advisor Group LLC increased its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 1.2% during the 3rd quarter. United Advisor Group LLC now owns 90,236 shares of the company’s stock valued at $3,662,000 after purchasing an additional 1,112 shares during the last quarter. Ashton Thomas Private Wealth LLC increased its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 8.0% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 171,201 shares of the company’s stock valued at $6,947,000 after purchasing an additional 12,712 shares during the last quarter. International Assets Investment Management LLC increased its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 2.6% during the 3rd quarter. International Assets Investment Management LLC now owns 55,137 shares of the company’s stock valued at $2,259,000 after purchasing an additional 1,406 shares during the last quarter. Finally, Genesis Private Wealth LLC increased its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 3.9% during the 3rd quarter. Genesis Private Wealth LLC now owns 98,439 shares of the company’s stock valued at $3,995,000 after purchasing an additional 3,685 shares during the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Performance

NASDAQ:SDVY opened at $42.93 on Wednesday. The stock’s fifty day moving average is $41.95 and its 200 day moving average is $41.99. First Trust SMID Cap Rising Dividend Achievers ETF has a fifty-two week low of $36.40 and a fifty-two week high of $45.11. The firm has a market capitalization of $11.33 billion, a PE ratio of 15.63 and a beta of 1.03.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were paid a dividend of $0.1002 per share. The ex-dividend date of this dividend 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 annualized dividend and a yield of 0.9%.

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.