Atlas Wealth LLC Purchases 16,385 Shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Atlas Wealth LLC grew its holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 27.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 75,076 shares of the company’s stock after purchasing an additional 16,385 shares during the quarter. First Trust SMID Cap Rising Dividend Archievers ETF comprises about 1.2% of Atlas Wealth LLC’s investment portfolio, making the stock its 19th largest position. Atlas Wealth LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $2,731,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. LPL Financial LLC grew its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 17.1% during the 3rd quarter. LPL Financial LLC now owns 17,987,114 shares of the company’s stock worth $654,371,000 after acquiring an additional 2,628,717 shares during the last quarter. Raymond James & Associates increased its position in First Trust SMID Cap Rising Dividend Archievers ETF by 18.8% in the third quarter. Raymond James & Associates now owns 4,234,856 shares of the company’s stock worth $154,064,000 after purchasing an additional 669,172 shares during the period. Raymond James Financial Services Advisors Inc. increased its position in First Trust SMID Cap Rising Dividend Archievers ETF by 34.4% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 3,266,343 shares of the company’s stock worth $109,031,000 after purchasing an additional 835,904 shares during the period. Capital Investment Advisors LLC lifted its position in First Trust SMID Cap Rising Dividend Archievers ETF by 7.8% during the 3rd quarter. Capital Investment Advisors LLC now owns 3,242,678 shares of the company’s stock valued at $117,969,000 after purchasing an additional 234,870 shares during the period. Finally, LVZ Inc. boosted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 0.8% in the 2nd quarter. LVZ Inc. now owns 2,716,224 shares of the company’s stock valued at $90,668,000 after purchasing an additional 22,837 shares during the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

SDVY opened at $39.95 on Monday. The firm has a 50 day simple moving average of $37.31 and a 200 day simple moving average of $35.43. First Trust SMID Cap Rising Dividend Archievers ETF has a fifty-two week low of $29.18 and a fifty-two week high of $40.60. The company has a market cap of $6.99 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 firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a dividend of $0.1383 per share. This represents a $0.55 dividend on an annualized basis and a yield of 1.38%. The ex-dividend date of this dividend was Thursday, September 26th.

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.