Fairway Financial LLC Acquires New Holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Fairway Financial LLC acquired a new position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 45,253 shares of the company’s stock, valued at approximately $1,622,000. First Trust SMID Cap Rising Dividend Archievers ETF makes up about 1.5% of Fairway Financial LLC’s investment portfolio, making the stock its 17th biggest position.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SDVY. Avidian Wealth Enterprises LLC grew its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 2.0% during the third quarter. Avidian Wealth Enterprises LLC now owns 15,054 shares of the company’s stock worth $548,000 after buying an additional 295 shares in the last quarter. DHK Financial Advisors Inc. lifted its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 0.5% during the 4th quarter. DHK Financial Advisors Inc. now owns 58,897 shares of the company’s stock valued at $2,111,000 after acquiring an additional 297 shares in the last quarter. Legacy Capital Group California Inc. raised its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 0.8% during the 3rd quarter. Legacy Capital Group California Inc. now owns 45,225 shares of the company’s stock worth $1,645,000 after purchasing an additional 343 shares during the period. tru Independence LLC raised its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 1.2% in the 4th quarter. tru Independence LLC now owns 31,039 shares of the company’s stock valued at $1,113,000 after acquiring an additional 362 shares during the period. Finally, Second Half Financial Partners LLC raised its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 3.9% in the 3rd quarter. Second Half Financial Partners LLC now owns 9,740 shares of the company’s stock valued at $354,000 after acquiring an additional 365 shares during the period.

First Trust SMID Cap Rising Dividend Archievers ETF Trading Down 1.1 %

Shares of NASDAQ SDVY opened at $36.63 on Friday. The business has a 50-day moving average of $36.75 and a 200-day moving average of $36.61. The firm has a market capitalization of $8.16 billion, a price-to-earnings ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a 12 month low of $32.05 and a 12 month high of $40.60.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a $0.1821 dividend. 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.