KMG Fiduciary Partners LLC Purchases 5,375 Shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

KMG Fiduciary Partners LLC increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 6.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 85,610 shares of the company’s stock after buying an additional 5,375 shares during the quarter. KMG Fiduciary Partners LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $3,069,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. LPL Financial LLC grew its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 17.1% in the third quarter. LPL Financial LLC now owns 17,987,114 shares of the company’s stock valued at $654,371,000 after purchasing an additional 2,628,717 shares in the last quarter. Raymond James & Associates grew its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 18.8% in the third quarter. Raymond James & Associates now owns 4,234,856 shares of the company’s stock valued at $154,064,000 after purchasing an additional 669,172 shares in the last quarter. Capital Investment Advisors LLC grew its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 8.2% in the fourth quarter. Capital Investment Advisors LLC now owns 3,510,050 shares of the company’s stock valued at $125,835,000 after purchasing an additional 267,372 shares in the last quarter. Park National Corp OH grew its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 11.7% in the fourth quarter. Park National Corp OH now owns 2,827,593 shares of the company’s stock valued at $101,369,000 after purchasing an additional 296,558 shares in the last quarter. Finally, Stifel Financial Corp grew its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 16.3% in the third quarter. Stifel Financial Corp now owns 2,485,251 shares of the company’s stock valued at $90,415,000 after purchasing an additional 347,799 shares in the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Up 0.3 %

SDVY stock opened at $37.43 on Friday. The business has a 50 day moving average price of $37.63 and a two-hundred day moving average price of $36.17. The company has a market cap of $8.08 billion, a price-to-earnings ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a twelve month low of $30.93 and a twelve month high of $40.60.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a dividend of $0.1821 per share. The ex-dividend date of this dividend was Friday, December 13th.

About First Trust SMID Cap Rising Dividend Archievers 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.