1,665 Shares in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Purchased by New Wave Wealth Advisors LLC

New Wave Wealth Advisors LLC bought a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,665 shares of the company’s stock, valued at approximately $60,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of SDVY. Barnes Pettey Financial Advisors LLC purchased a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter valued at approximately $355,000. Calton & Associates Inc. bought a new position in First Trust SMID Cap Rising Dividend Archievers ETF in the 4th quarter valued at $227,000. Capital Investment Advisory Services LLC grew its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 8.3% during the 4th quarter. Capital Investment Advisory Services LLC now owns 66,752 shares of the company’s stock valued at $2,393,000 after purchasing an additional 5,098 shares in the last quarter. American Institute for Advanced Investment Management LLP bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the fourth quarter worth $997,000. Finally, Ferguson Shapiro LLC purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the fourth quarter worth $11,107,000.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Performance

NASDAQ:SDVY opened at $37.38 on Friday. The firm has a market capitalization of $8.26 billion, a price-to-earnings ratio of 8.30 and a beta of 1.18. The stock has a fifty day moving average of $37.48 and a 200 day moving average of $36.48. First Trust SMID Cap Rising Dividend Archievers ETF has a 52-week low of $31.40 and a 52-week high of $40.60.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a dividend of $0.1821 per share. 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.