Southland Equity Partners LLC Has $7.02 Million Stock Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Southland Equity Partners LLC increased its stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 1.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 195,825 shares of the company’s stock after purchasing an additional 2,818 shares during the quarter. First Trust SMID Cap Rising Dividend Archievers ETF makes up 1.6% of Southland Equity Partners LLC’s investment portfolio, making the stock its 13th largest holding. Southland Equity Partners LLC owned about 0.09% of First Trust SMID Cap Rising Dividend Archievers ETF worth $7,020,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of SDVY. Assetmark Inc. raised its position in 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 valued at $117,000 after buying an additional 1,646 shares during the period. Thrivent Financial for Lutherans lifted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 1.3% in the third quarter. Thrivent Financial for Lutherans now owns 36,550 shares of the company’s stock worth $1,330,000 after purchasing an additional 465 shares in the last quarter. Park National Corp OH lifted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 292.0% in the third quarter. Park National Corp OH now owns 2,531,035 shares of the company’s stock worth $92,079,000 after purchasing an additional 1,885,435 shares in the last quarter. Cherry Creek Investment Advisors Inc. boosted its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 8.8% during the third quarter. Cherry Creek Investment Advisors Inc. now owns 86,313 shares of the company’s stock worth $3,140,000 after purchasing an additional 6,973 shares during the period. Finally, Triton Wealth Management PLLC purchased a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the third quarter valued at approximately $237,000.

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

SDVY stock opened at $37.96 on Friday. The company has a 50 day moving average of $37.55 and a two-hundred day moving average of $36.33. The company has a market cap of $8.29 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 12-month low of $31.40 and a 12-month high of $40.60.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a $0.1821 dividend. The ex-dividend date was Friday, December 13th.

First Trust SMID Cap Rising Dividend Archievers ETF Profile

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.