Bright Financial Advisors Inc. Increases Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Bright Financial Advisors Inc. raised its holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 54.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 113,129 shares of the company’s stock after purchasing an additional 39,920 shares during the quarter. First Trust SMID Cap Rising Dividend Archievers ETF accounts for approximately 2.5% of Bright Financial Advisors Inc.’s investment portfolio, making the stock its 11th biggest holding. Bright Financial Advisors Inc. owned 0.05% of First Trust SMID Cap Rising Dividend Archievers ETF worth $4,056,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Avidian Wealth Enterprises LLC raised its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 2.0% during the 3rd quarter. Avidian Wealth Enterprises LLC now owns 15,054 shares of the company’s stock worth $548,000 after purchasing an additional 295 shares during the last quarter. DHK Financial Advisors Inc. grew its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 0.5% in the 4th quarter. DHK Financial Advisors Inc. now owns 58,897 shares of the company’s stock valued at $2,111,000 after buying an additional 297 shares during the period. Legacy Capital Group California Inc. boosted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 0.8% during the 3rd quarter. Legacy Capital Group California Inc. now owns 45,225 shares of the company’s stock worth $1,645,000 after purchasing an additional 343 shares during the period. tru Independence LLC boosted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 1.2% during the 4th quarter. tru Independence LLC now owns 31,039 shares of the company’s stock worth $1,113,000 after purchasing an additional 362 shares during the period. Finally, Second Half Financial Partners LLC boosted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 3.9% during the 3rd quarter. Second Half Financial Partners LLC now owns 9,740 shares of the company’s stock worth $354,000 after purchasing an additional 365 shares during the period.

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

First Trust SMID Cap Rising Dividend Archievers ETF stock opened at $37.09 on Friday. The firm has a market cap of $8.27 billion, a PE ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a 52-week low of $31.50 and a 52-week high of $40.60. The company’s 50 day moving average is $37.25 and its two-hundred day moving average is $36.53.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

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