AIFG Consultants Ltd. Boosts Stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

AIFG Consultants Ltd. increased its holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 12.5% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 186,958 shares of the company’s stock after purchasing an additional 20,828 shares during the period. First Trust SMID Cap Rising Dividend Archievers ETF accounts for approximately 5.2% of AIFG Consultants Ltd.’s investment portfolio, making the stock its 9th biggest holding. AIFG Consultants Ltd.’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $6,802,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Hazlett Burt & Watson Inc. acquired a new position in First Trust SMID Cap Rising Dividend Archievers ETF in the second quarter valued at $28,000. Mather Group LLC. acquired a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the second quarter valued at about $35,000. EverSource Wealth Advisors LLC acquired a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the first quarter valued at about $34,000. ORG Partners LLC acquired a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the third quarter valued at about $73,000. Finally, Pinnacle Bancorp Inc. raised its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 58.7% during the first quarter. Pinnacle Bancorp Inc. now owns 2,568 shares of the company’s stock valued at $89,000 after purchasing an additional 950 shares during the period.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Performance

Shares of NASDAQ SDVY traded down $0.54 during trading on Monday, hitting $36.76. 120,112 shares of the company traded hands, compared to its average volume of 1,107,357. The business’s fifty day moving average is $35.59 and its 200 day moving average is $34.51. First Trust SMID Cap Rising Dividend Archievers ETF has a fifty-two week low of $26.40 and a fifty-two week high of $37.55. The firm has a market capitalization 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 1.50%.

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.