Capital Advantage Inc. Boosts Stock Holdings in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Capital Advantage Inc. lifted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 40.5% in the 4th quarter, Holdings Channel.com reports. The fund owned 77,232 shares of the company’s stock after buying an additional 22,276 shares during the quarter. Capital Advantage Inc.’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $2,960,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Focus Partners Wealth increased its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 41.2% in the 1st quarter. Focus Partners Wealth now owns 43,712 shares of the company’s stock worth $1,464,000 after purchasing an additional 12,748 shares in the last quarter. Bank of Montreal Can lifted its holdings in shares of 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 purchasing an additional 1,184 shares in the last quarter. Creative Planning lifted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 31.9% during the second quarter. Creative Planning now owns 9,390 shares of the company’s stock valued at $331,000 after purchasing an additional 2,270 shares in the last quarter. TD Waterhouse Canada Inc. boosted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 8.9% during the second quarter. TD Waterhouse Canada Inc. now owns 21,484 shares of the company’s stock valued at $772,000 after buying an additional 1,752 shares during the last quarter. Finally, MAI Capital Management boosted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 6.3% during the second quarter. MAI Capital Management now owns 70,887 shares of the company’s stock valued at $2,501,000 after buying an additional 4,206 shares during the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Performance

NASDAQ SDVY opened at $38.66 on Friday. First Trust SMID Cap Rising Dividend Achievers ETF has a one year low of $28.84 and a one year high of $42.89. The stock has a 50-day moving average of $40.96 and a 200 day moving average of $39.11. The company has a market capitalization of $9.69 billion, a price-to-earnings ratio of 14.54 and a beta of 1.12.

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.