OneAscent Financial Services LLC Invests $1.27 Million in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

OneAscent Financial Services LLC purchased a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 35,343 shares of the company’s stock, valued at approximately $1,267,000.

Other hedge funds have also bought and sold shares of the company. Farmers & Merchants Investments Inc. purchased a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the 4th quarter worth about $26,000. National Bank of Canada FI purchased a new position in First Trust SMID Cap Rising Dividend Archievers ETF in the third quarter valued at about $27,000. Grove Bank & Trust bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 4th quarter valued at approximately $27,000. Pineridge Advisors LLC increased its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 138.9% during the 4th quarter. Pineridge Advisors LLC now owns 762 shares of the company’s stock worth $27,000 after purchasing an additional 443 shares during the last quarter. Finally, FSC Wealth Advisors LLC bought a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the 4th quarter worth approximately $29,000.

First Trust SMID Cap Rising Dividend Archievers ETF Trading Up 0.6 %

Shares of NASDAQ SDVY opened at $33.71 on Wednesday. The stock has a fifty day simple moving average of $35.45 and a two-hundred day simple moving average of $36.53. First Trust SMID Cap Rising Dividend Archievers ETF has a 1-year low of $32.22 and a 1-year high of $40.60. The firm has a market cap of $7.51 billion, a price-to-earnings ratio of 13.43 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were paid a $0.1576 dividend. This is a boost from First Trust SMID Cap Rising Dividend Archievers ETF’s previous quarterly dividend of $0.14. This represents a $0.63 dividend on an annualized basis and a yield of 1.87%. The ex-dividend date was Thursday, March 27th.

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.