First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Shares Acquired by Elevation Point Wealth Partners LLC

Elevation Point Wealth Partners LLC raised its stake in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 14,172.1% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,039,862 shares of the company’s stock after acquiring an additional 1,032,576 shares during the period. First Trust SMID Cap Rising Dividend Achievers ETF accounts for about 1.0% of Elevation Point Wealth Partners LLC’s investment portfolio, making the stock its 13th biggest holding. Elevation Point Wealth Partners LLC owned about 0.40% of First Trust SMID Cap Rising Dividend Achievers ETF worth $41,002,000 as of its most recent filing with the Securities & Exchange Commission.

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

First Trust SMID Cap Rising Dividend Achievers ETF Stock Down 0.0%

Shares of NASDAQ:SDVY opened at $43.16 on Friday. The company’s 50-day moving average price is $41.93 and its 200 day moving average price is $40.98. The company has a market cap of $11.35 billion, a PE ratio of 14.54 and a beta of 1.01. First Trust SMID Cap Rising Dividend Achievers ETF has a fifty-two week low of $35.03 and a fifty-two week high of $43.63.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

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

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.