Kingsview Wealth Management LLC Buys 3,761 Shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Kingsview Wealth Management LLC raised its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 5.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 70,380 shares of the company’s stock after buying an additional 3,761 shares during the quarter. Kingsview Wealth Management LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $2,560,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Great Valley Advisor Group Inc. lifted its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 72.9% during the third quarter. Great Valley Advisor Group Inc. now owns 13,223 shares of the company’s stock worth $481,000 after purchasing an additional 5,576 shares during the last quarter. Certified Advisory Corp bought a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the 3rd quarter valued at about $6,272,000. Flagstar Advisors Inc. grew its position in First Trust SMID Cap Rising Dividend Archievers ETF by 0.9% during the 3rd quarter. Flagstar Advisors Inc. now owns 81,560 shares of the company’s stock worth $2,967,000 after acquiring an additional 734 shares during the last quarter. Meridian Wealth Management LLC increased its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 141.9% in the 3rd quarter. Meridian Wealth Management LLC now owns 39,336 shares of the company’s stock worth $1,431,000 after purchasing an additional 23,074 shares during the period. Finally, Icon Wealth Advisors LLC purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the third quarter valued at approximately $30,000.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Up 1.8 %

Shares of NASDAQ SDVY opened at $39.61 on Monday. The firm’s fifty day moving average is $36.90 and its 200 day moving average is $35.23. First Trust SMID Cap Rising Dividend Archievers ETF has a 52 week low of $28.92 and a 52 week high of $39.63. The company has a market cap of $6.93 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 company also recently announced 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 dividend on an annualized basis and a dividend yield of 1.40%.

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.