Ameliora Wealth Management Ltd. Grows Stock Position in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Ameliora Wealth Management Ltd. lifted its holdings in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 8,352.7% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 175,394 shares of the company’s stock after purchasing an additional 173,319 shares during the period. First Trust SMID Cap Rising Dividend Achievers ETF comprises approximately 2.2% of Ameliora Wealth Management Ltd.’s holdings, making the stock its 11th biggest position. Ameliora Wealth Management Ltd.’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $6,916,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Focus Partners Wealth boosted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 41.2% during the 1st quarter. Focus Partners Wealth now owns 43,712 shares of the company’s stock worth $1,464,000 after acquiring an additional 12,748 shares during the last quarter. Creative Planning raised its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 31.9% in the 2nd quarter. Creative Planning now owns 9,390 shares of the company’s stock worth $331,000 after purchasing an additional 2,270 shares during the period. Brown Advisory Inc. lifted its position in First Trust SMID Cap Rising Dividend Achievers ETF by 4.6% during the second quarter. Brown Advisory Inc. now owns 14,098 shares of the company’s stock valued at $497,000 after purchasing an additional 621 shares in the last quarter. Cerity Partners LLC purchased a new position in First Trust SMID Cap Rising Dividend Achievers ETF during the second quarter valued at $1,897,000. Finally, Qube Research & Technologies Ltd lifted its position in First Trust SMID Cap Rising Dividend Achievers ETF by 189.9% during the second quarter. Qube Research & Technologies Ltd now owns 368,711 shares of the company’s stock valued at $13,008,000 after purchasing an additional 241,547 shares in the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Performance

NASDAQ:SDVY opened at $42.94 on Tuesday. The stock has a 50-day simple moving average of $41.87 and a two-hundred day simple moving average of $40.89. The firm has a market capitalization of $11.12 billion, a PE ratio of 14.54 and a beta of 1.01. First Trust SMID Cap Rising Dividend Achievers ETF has a 52-week low of $35.03 and a 52-week high of $43.44.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th will be given a dividend of $0.0901 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend 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.