GDS Wealth Management Takes Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

GDS Wealth Management purchased a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVYFree Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 341,506 shares of the company’s stock, valued at approximately $11,399,000. GDS Wealth Management owned approximately 0.23% of First Trust SMID Cap Rising Dividend Archievers ETF as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Hazlett Burt & Watson Inc. acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the second quarter valued at approximately $28,000. Strategic Financial Concepts LLC acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the 2nd quarter worth $28,000. Benjamin Edwards Inc. purchased a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 1st quarter worth $32,000. EverSource Wealth Advisors LLC acquired a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 1st quarter valued at about $34,000. Finally, Mather Group LLC. purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the second quarter valued at about $35,000.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

Shares of SDVY stock opened at $35.27 on Tuesday. The company has a market capitalization of $5.29 billion, a PE ratio of 8.30 and a beta of 1.18. The firm’s 50-day moving average is $34.89 and its two-hundred day moving average is $34.07. First Trust SMID Cap Rising Dividend Archievers ETF has a 12 month low of $26.40 and a 12 month high of $37.25.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were given a dividend of $0.1503 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.70%. The ex-dividend date was Thursday, June 27th.

First Trust SMID Cap Rising Dividend Archievers ETF Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

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