119,660 Shares in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Acquired by Catalyst Investment Management LLC

Catalyst Investment Management LLC bought a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 119,660 shares of the company’s stock, valued at approximately $4,585,000. First Trust SMID Cap Rising Dividend Achievers ETF accounts for approximately 4.3% of Catalyst Investment Management LLC’s holdings, making the stock its 8th largest position.

A number of other institutional investors have also recently bought and sold shares of the stock. Eagle Bay Advisors LLC bought a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the fourth quarter worth $25,000. Oakworth Capital Inc. bought a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter valued at $25,000. Trust Co. of Vermont bought a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter valued at $27,000. Smartleaf Asset Management LLC bought a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter valued at $28,000. Finally, EQ Wealth Advisors LLC acquired a new position in First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter worth $30,000.

First Trust SMID Cap Rising Dividend Achievers ETF Trading Up 0.6%

Shares of NASDAQ SDVY opened at $42.22 on Friday. The company has a fifty day moving average price of $41.71 and a 200 day moving average price of $40.68. The firm has a market cap of $10.93 billion, a PE ratio of 14.54 and a beta of 1.01. First Trust SMID Cap Rising Dividend Achievers ETF has a 1-year low of $34.21 and a 1-year high of $42.90.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were issued a $0.0976 dividend. This represents a $0.39 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Thursday, March 26th.

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.