First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Stock Position Cut by Sage Private Wealth Group LLC

Sage Private Wealth Group LLC cut its position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 0.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 573,402 shares of the company’s stock after selling 1,859 shares during the quarter. First Trust SMID Cap Rising Dividend Archievers ETF makes up approximately 15.4% of Sage Private Wealth Group LLC’s investment portfolio, making the stock its largest holding. Sage Private Wealth Group LLC owned about 0.26% of First Trust SMID Cap Rising Dividend Archievers ETF worth $20,556,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Farmers & Merchants Investments Inc. acquired a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the 4th quarter valued at about $26,000. 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. Grove Bank & Trust acquired a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter valued at about $27,000. Pineridge Advisors LLC raised its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 138.9% in the 4th quarter. Pineridge Advisors LLC now owns 762 shares of the company’s stock valued at $27,000 after purchasing an additional 443 shares during the last quarter. Finally, FSC Wealth Advisors LLC acquired a new stake in First Trust SMID Cap Rising Dividend Archievers ETF in the 4th quarter worth approximately $29,000.

First Trust SMID Cap Rising Dividend Archievers ETF Trading Up 0.1 %

NASDAQ SDVY opened at $36.95 on Wednesday. First Trust SMID Cap Rising Dividend Archievers ETF has a 12-month low of $31.50 and a 12-month high of $40.60. The company has a fifty day simple moving average of $37.07 and a two-hundred day simple moving average of $36.57. The stock has a market cap of $8.23 billion, a P/E ratio of 8.30 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

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

First Trust SMID Cap Rising Dividend Archievers ETF Company 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.