LM Advisors LLC Purchases 11,300 Shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

LM Advisors LLC lifted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 114.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,180 shares of the company’s stock after buying an additional 11,300 shares during the period. LM Advisors LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $760,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Creative Financial Designs Inc. ADV boosted its position in First Trust SMID Cap Rising Dividend Archievers ETF by 51.1% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 67,526 shares of the company’s stock worth $2,421,000 after acquiring an additional 22,828 shares during the last quarter. Thrivent Financial for Lutherans lifted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 1.3% in the third quarter. Thrivent Financial for Lutherans now owns 36,550 shares of the company’s stock worth $1,330,000 after purchasing an additional 465 shares in the last quarter. Redhawk Wealth Advisors Inc. boosted its holdings in 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 purchasing an additional 21,199 shares during the last quarter. Janney Montgomery Scott LLC grew its position in First Trust SMID Cap Rising Dividend Archievers ETF by 46.8% in the fourth quarter. Janney Montgomery Scott LLC now owns 713,298 shares of the company’s stock valued at $25,572,000 after purchasing an additional 227,413 shares in the last quarter. Finally, Allworth Financial LP increased its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 28.5% in the 4th quarter. Allworth Financial LP now owns 12,950 shares of the company’s stock valued at $490,000 after buying an additional 2,872 shares during the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

Shares of NASDAQ:SDVY opened at $34.32 on Thursday. The stock has a market capitalization of $7.65 billion, a PE ratio of 13.44 and a beta of 1.18. The company’s 50-day moving average price is $35.77 and its two-hundred day moving average price is $36.54. First Trust SMID Cap Rising Dividend Archievers ETF has a one year low of $32.22 and a one year high of $40.60.

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.