First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Shares Purchased by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC lifted its position in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 4,508.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 806,331 shares of the company’s stock after purchasing an additional 788,833 shares during the period. Axxcess Wealth Management LLC owned about 0.32% of First Trust SMID Cap Rising Dividend Achievers ETF worth $30,899,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in SDVY. Focus Partners Wealth lifted its stake 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 valued at $1,464,000 after purchasing an additional 12,748 shares during the period. Creative Planning raised its position in 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 worth $331,000 after acquiring an additional 2,270 shares during the period. Brown Advisory Inc. raised its position in First Trust SMID Cap Rising Dividend Achievers ETF by 4.6% during the second quarter. Brown Advisory Inc. now owns 14,098 shares of the company’s stock worth $497,000 after acquiring an additional 621 shares during the period. Cerity Partners LLC acquired a new position in First Trust SMID Cap Rising Dividend Achievers ETF during the second quarter worth $1,897,000. Finally, Qube Research & Technologies Ltd raised its position in First Trust SMID Cap Rising Dividend Achievers ETF by 189.9% during the second quarter. Qube Research & Technologies Ltd now owns 368,711 shares of the company’s stock worth $13,008,000 after acquiring an additional 241,547 shares during the period.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Performance

NASDAQ:SDVY opened at $41.36 on Friday. The company has a fifty day moving average of $40.82 and a two-hundred day moving average of $40.10. The stock has a market capitalization of $10.71 billion, a PE ratio of 14.54 and a beta of 1.04. First Trust SMID Cap Rising Dividend Achievers ETF has a fifty-two week low of $33.54 and a fifty-two week high of $42.89.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were given a dividend of $0.0976 per share. The ex-dividend date was Thursday, March 26th. This represents a $0.39 dividend on an annualized basis and a yield of 0.9%.

First Trust SMID Cap Rising Dividend Achievers 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.