Hazlett Burt & Watson Inc. Buys 1,257 Shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Hazlett Burt & Watson Inc. boosted its stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 147.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,108 shares of the company’s stock after acquiring an additional 1,257 shares during the period. Hazlett Burt & Watson Inc.’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $76,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in SDVY. Raymond James Financial Inc. acquired a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the 4th quarter valued at about $381,301,000. LPL Financial LLC lifted its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 22.0% in the fourth quarter. LPL Financial LLC now owns 21,935,886 shares of the company’s stock valued at $786,401,000 after buying an additional 3,948,772 shares during the period. Independent Advisor Alliance bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 4th quarter worth approximately $50,719,000. HighTower Advisors LLC grew its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 79.1% during the 4th quarter. HighTower Advisors LLC now owns 2,398,427 shares of the company’s stock worth $85,984,000 after buying an additional 1,059,353 shares during the period. Finally, Commonwealth Equity Services LLC increased its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 29.2% in the 4th quarter. Commonwealth Equity Services LLC now owns 2,702,167 shares of the company’s stock valued at $96,873,000 after acquiring an additional 610,079 shares in the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Up 0.3 %

Shares of NASDAQ SDVY opened at $33.50 on Tuesday. The firm has a market cap of $7.47 billion, a PE ratio of 13.43 and a beta of 1.18. The company’s fifty day simple moving average is $35.54 and its 200 day simple moving average is $36.54. First Trust SMID Cap Rising Dividend Archievers ETF has a 12-month low of $32.22 and a 12-month high of $40.60.

First Trust SMID Cap Rising Dividend Archievers ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were given a dividend of $0.1576 per share. This represents a $0.63 dividend on an annualized basis and a dividend yield of 1.88%. The ex-dividend date of this dividend was Thursday, March 27th. This is a boost from First Trust SMID Cap Rising Dividend Archievers ETF’s previous quarterly dividend of $0.14.

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.