First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Shares Sold by Fairvoy Private Wealth LLC

Fairvoy Private Wealth LLC lessened its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 53.4% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 141,150 shares of the company’s stock after selling 161,921 shares during the period. First Trust SMID Cap Rising Dividend Achievers ETF accounts for approximately 1.3% of Fairvoy Private Wealth LLC’s portfolio, making the stock its 23rd biggest position. Fairvoy Private Wealth LLC owned about 0.05% of First Trust SMID Cap Rising Dividend Achievers ETF worth $5,566,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of SDVY. Raymond James Financial Inc. increased its position in First Trust SMID Cap Rising Dividend Achievers ETF by 9.8% during the fourth quarter. Raymond James Financial Inc. now owns 14,105,263 shares of the company’s stock worth $540,514,000 after purchasing an additional 1,261,249 shares during the last quarter. LPL Financial LLC raised its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 4.8% during the fourth quarter. LPL Financial LLC now owns 24,892,169 shares of the company’s stock worth $953,868,000 after purchasing an additional 1,135,800 shares during the period. Axxcess Wealth Management LLC boosted its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 4,508.1% in the 4th quarter. Axxcess Wealth Management LLC now owns 806,331 shares of the company’s stock valued at $30,899,000 after purchasing an additional 788,833 shares during the last quarter. Bank of America Corp DE boosted its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 8.3% in the 3rd quarter. Bank of America Corp DE now owns 7,982,389 shares of the company’s stock valued at $303,486,000 after purchasing an additional 614,123 shares during the last quarter. Finally, JSF Financial LLC purchased a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter valued at approximately $22,029,000.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

Shares of NASDAQ SDVY opened at $43.02 on Friday. The company has a 50 day simple moving average of $41.81 and a 200-day simple moving average of $40.83. The company has a market capitalization of $11.14 billion, a P/E ratio of 14.54 and a beta of 1.01. First Trust SMID Cap Rising Dividend Achievers ETF has a 1 year low of $34.79 and a 1 year high of $43.44.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Thursday, June 25th will be given a $0.0901 dividend. This represents a $0.36 annualized dividend and a yield of 0.8%. The ex-dividend date is Thursday, June 25th.

About First Trust SMID Cap Rising Dividend Achievers ETF

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.