Laidlaw Wealth Management LLC Raises Stock Holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Laidlaw Wealth Management LLC lifted its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 24.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 53,485 shares of the company’s stock after acquiring an additional 10,505 shares during the quarter. Laidlaw Wealth Management LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $1,917,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Farmers & Merchants Investments Inc. bought a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter valued at $26,000. National Bank of Canada FI bought a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the third quarter valued at $27,000. Grove Bank & Trust bought a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter valued at $27,000. Pineridge Advisors LLC grew its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 138.9% during the fourth 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 period. Finally, FSC Wealth Advisors LLC bought a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter valued at $29,000.

First Trust SMID Cap Rising Dividend Archievers ETF Trading Up 0.7 %

Shares of NASDAQ SDVY opened at $37.25 on Wednesday. The stock has a fifty day simple moving average of $36.83 and a two-hundred day simple moving average of $36.59. First Trust SMID Cap Rising Dividend Archievers ETF has a 1-year low of $32.05 and a 1-year high of $40.60. The firm has a market cap of $8.30 billion, a price-to-earnings ratio of 8.30 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The company also recently disclosed 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.

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.