Grove Bank & Trust Makes New Investment in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Grove Bank & Trust bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 760 shares of the company’s stock, valued at approximately $27,000.

Other institutional investors and hedge funds have also modified their holdings of the company. National Bank of Canada FI purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the third quarter worth about $27,000. Icon Wealth Advisors LLC purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the third quarter worth about $30,000. ORG Partners LLC purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the third quarter worth about $73,000. Wolff Wiese Magana LLC purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter worth about $72,000. Finally, Assetmark Inc. increased its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 105.2% during the third quarter. Assetmark Inc. now owns 3,211 shares of the company’s stock worth $117,000 after purchasing an additional 1,646 shares in the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Up 0.2 %

SDVY stock opened at $37.50 on Tuesday. The stock has a market capitalization of $8.09 billion, a P/E ratio of 8.30 and a beta of 1.18. The firm has a 50-day simple moving average of $37.58 and a 200-day simple moving average of $36.28. First Trust SMID Cap Rising Dividend Archievers ETF has a 52 week low of $31.16 and a 52 week high of $40.60.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors 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.