AssuredPartners Investment Advisors LLC Purchases New Shares in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

AssuredPartners Investment Advisors LLC acquired a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 20,807 shares of the company’s stock, valued at approximately $791,000.

Other large investors also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. purchased a new position in First Trust SMID Cap Rising Dividend Achievers ETF during the second quarter valued at approximately $33,000. Fifth Third Bancorp lifted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 120.9% during the 2nd quarter. Fifth Third Bancorp now owns 952 shares of the company’s stock valued at $34,000 after buying an additional 521 shares in the last quarter. Atlantic Union Bankshares Corp bought a new position in First Trust SMID Cap Rising Dividend Achievers ETF in the 2nd quarter worth $34,000. Winnow Wealth LLC purchased a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the 2nd quarter worth $42,000. Finally, Bank of Montreal Can raised its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 4,082.8% during the second quarter. Bank of Montreal Can now owns 1,213 shares of the company’s stock valued at $43,000 after acquiring an additional 1,184 shares during the period.

First Trust SMID Cap Rising Dividend Achievers ETF Trading Up 0.0%

Shares of NASDAQ:SDVY opened at $39.19 on Tuesday. The company has a 50-day moving average price of $37.75 and a 200 day moving average price of $36.98. First Trust SMID Cap Rising Dividend Achievers ETF has a 12 month low of $28.84 and a 12 month high of $39.60. The company has a market cap of $9.42 billion, a price-to-earnings ratio of 14.54 and a beta of 1.12.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th will be issued a $0.1305 dividend. This is a boost from First Trust SMID Cap Rising Dividend Achievers ETF’s previous quarterly dividend of $0.10. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, December 12th.

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.