First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Shares Purchased by PCG Wealth Advisors LLC

PCG Wealth Advisors LLC raised its position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 4.2% during the 3rd quarter, Holdings Channel.com reports. The firm owned 48,897 shares of the company’s stock after acquiring an additional 1,970 shares during the quarter. PCG Wealth Advisors LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $1,779,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in SDVY. Hazlett Burt & Watson Inc. acquired a new stake in First Trust SMID Cap Rising Dividend Archievers ETF in the 2nd quarter valued at about $28,000. Strategic Financial Concepts LLC acquired a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the second quarter valued at $28,000. Benjamin Edwards Inc. purchased a new stake in First Trust SMID Cap Rising Dividend Archievers ETF in the 1st quarter worth about $32,000. EverSource Wealth Advisors LLC purchased a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the first quarter valued at approximately $34,000. Finally, Mather Group LLC. acquired a new position in First Trust SMID Cap Rising Dividend Archievers ETF in the second quarter worth approximately $35,000.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

SDVY traded up $0.50 on Wednesday, hitting $37.34. The company had a trading volume of 465,301 shares, compared to its average volume of 1,112,997. First Trust SMID Cap Rising Dividend Archievers ETF has a 1-year low of $26.40 and a 1-year high of $37.46. The company’s fifty day moving average price is $35.36 and its 200 day moving average price is $34.45. The stock has a market cap of $6.34 billion, a price-to-earnings ratio of 8.30 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a dividend of $0.1383 per share. The ex-dividend date was Thursday, September 26th. This represents a $0.55 annualized dividend and a dividend yield of 1.48%.

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.