Axxcess Wealth Management LLC Purchases 30,924 Shares of First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Axxcess Wealth Management LLC boosted its position in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 11.6% during the first quarter, HoldingsChannel reports. The fund owned 297,107 shares of the company’s stock after buying an additional 30,924 shares during the quarter. Axxcess Wealth Management LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $11,715,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Eagle Bay Advisors LLC bought a new position in First Trust SMID Cap Rising Dividend Achievers ETF during the fourth quarter worth about $25,000. Oakworth Capital Inc. bought a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the fourth quarter valued at approximately $25,000. Trust Co. of Vermont bought a new position in First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter worth approximately $27,000. Smartleaf Asset Management LLC bought a new position in First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter worth approximately $28,000. Finally, EQ Wealth Advisors LLC bought a new position in First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter worth approximately $30,000.

First Trust SMID Cap Rising Dividend Achievers ETF Trading Down 0.8%

First Trust SMID Cap Rising Dividend Achievers ETF stock opened at $43.04 on Wednesday. The firm has a 50 day simple moving average of $41.98 and a 200 day simple moving average of $41.06. First Trust SMID Cap Rising Dividend Achievers ETF has a 1-year low of $35.03 and a 1-year high of $43.63. The firm has a market capitalization of $11.32 billion, a price-to-earnings ratio of 14.54 and a beta of 1.01.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were given 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.