Northwest Financial Advisors Buys 1,474 Shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Northwest Financial Advisors lifted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 17.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 9,796 shares of the company’s stock after buying an additional 1,474 shares during the quarter. Northwest Financial Advisors’ holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $351,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. National Bank of Canada FI acquired a new stake in First Trust SMID Cap Rising Dividend Archievers ETF during the third quarter worth approximately $27,000. Grove Bank & Trust bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter worth approximately $27,000. Icon Wealth Advisors LLC acquired a new stake in First Trust SMID Cap Rising Dividend Archievers ETF during the 3rd quarter worth approximately $30,000. AlphaMark Advisors LLC bought a new stake in First Trust SMID Cap Rising Dividend Archievers ETF in the 4th quarter valued at $31,000. Finally, Global Trust Asset Management LLC acquired a new position in First Trust SMID Cap Rising Dividend Archievers ETF in the 4th quarter valued at $52,000.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

SDVY stock opened at $37.62 on Tuesday. The business’s fifty day moving average price is $37.53 and its two-hundred day moving average price is $36.42. The stock has a market capitalization of $8.24 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 fifty-two week low of $31.40 and a fifty-two week high of $40.60.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a $0.1821 dividend. 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.