Prasad Wealth Partners LLC Acquires New Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Prasad Wealth Partners LLC bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,615 shares of the company’s stock, valued at approximately $201,000.

A number of other hedge funds also recently added to or reduced their stakes in SDVY. LPL Financial LLC lifted its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 17.1% in the third quarter. LPL Financial LLC now owns 17,987,114 shares of the company’s stock valued at $654,371,000 after purchasing an additional 2,628,717 shares in the last quarter. Private Advisor Group LLC raised its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 48.3% during the 4th quarter. Private Advisor Group LLC now owns 1,533,825 shares of the company’s stock worth $54,988,000 after purchasing an additional 499,841 shares during the last quarter. Advance Capital Management Inc. purchased a new stake in First Trust SMID Cap Rising Dividend Archievers ETF in the 4th quarter valued at approximately $17,603,000. Strategic Financial Concepts LLC acquired a new stake in First Trust SMID Cap Rising Dividend Archievers ETF during the 4th quarter valued at $16,814,000. Finally, Blue Chip Partners LLC purchased a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter worth $13,720,000.

First Trust SMID Cap Rising Dividend Archievers ETF Trading Down 0.4 %

First Trust SMID Cap Rising Dividend Archievers ETF stock opened at $35.57 on Tuesday. The stock has a 50-day moving average price of $36.71 and a 200 day moving average price of $36.68. First Trust SMID Cap Rising Dividend Archievers ETF has a 52 week low of $32.22 and a 52 week high of $40.60. The stock has a market cap of $7.93 billion, a PE ratio of 12.91 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

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