Bay Colony Advisory Group Inc d b a Bay Colony Advisors Invests $277,000 in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 7,736 shares of the company’s stock, valued at approximately $277,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Assetmark Inc. increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 105.2% during the third quarter. Assetmark Inc. now owns 3,211 shares of the company’s stock worth $117,000 after purchasing an additional 1,646 shares in the last quarter. Thrivent Financial for Lutherans grew its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 1.3% during the third quarter. Thrivent Financial for Lutherans now owns 36,550 shares of the company’s stock worth $1,330,000 after buying an additional 465 shares during the last quarter. Redhawk Wealth Advisors Inc. grew its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 16.4% during the fourth quarter. Redhawk Wealth Advisors Inc. now owns 150,303 shares of the company’s stock worth $5,388,000 after buying an additional 21,199 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 46.8% during the fourth quarter. Janney Montgomery Scott LLC now owns 713,298 shares of the company’s stock worth $25,572,000 after buying an additional 227,413 shares during the last quarter. Finally, Allworth Financial LP grew its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 28.5% during the fourth quarter. Allworth Financial LP now owns 12,950 shares of the company’s stock worth $490,000 after buying an additional 2,872 shares during the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Up 0.9 %

NASDAQ SDVY opened at $34.08 on Friday. 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 business’s 50-day moving average price is $36.41 and its 200 day moving average price is $36.69. The firm has a market cap of $7.59 billion, a P/E ratio of 12.91 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors 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.