Decker Wealth Management LLC Makes New $24.79 Million Investment in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Decker Wealth Management LLC bought a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) in the 1st quarter, Holdings Channel reports. The firm bought 628,685 shares of the company’s stock, valued at approximately $24,789,000. First Trust SMID Cap Rising Dividend Achievers ETF makes up 5.6% of Decker Wealth Management LLC’s investment portfolio, making the stock its 3rd biggest holding.

A number of other hedge funds have also recently modified their holdings of SDVY. Eagle Bay Advisors LLC bought a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the 4th quarter worth approximately $25,000. Oakworth Capital Inc. purchased a new position in First Trust SMID Cap Rising Dividend Achievers ETF during the 4th quarter valued at $25,000. Trust Co. of Vermont bought a new position in First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter valued at $27,000. Smartleaf Asset Management LLC bought a new position in First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter valued at $28,000. Finally, EQ Wealth Advisors LLC purchased a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the fourth quarter worth $30,000.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

SDVY stock opened at $43.39 on Monday. First Trust SMID Cap Rising Dividend Achievers ETF has a twelve month low of $35.03 and a twelve month high of $43.82. The firm has a market cap of $11.45 billion, a price-to-earnings ratio of 14.54 and a beta of 1.01. The business’s fifty day simple moving average is $42.12 and its two-hundred day simple moving average is $41.28.

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 issued a $0.0901 dividend. The ex-dividend date was Thursday, June 25th. This represents a $0.36 dividend on an annualized basis 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.