Assetmark Inc. Increases Stock Holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Assetmark Inc. increased its holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 105.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,211 shares of the company’s stock after purchasing an additional 1,646 shares during the period. Assetmark Inc.’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $117,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Avidian Wealth Enterprises LLC grew its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 2.0% in the third quarter. Avidian Wealth Enterprises LLC now owns 15,054 shares of the company’s stock valued at $548,000 after purchasing an additional 295 shares during the period. Legacy Capital Group California Inc. grew its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 0.8% in the third quarter. Legacy Capital Group California Inc. now owns 45,225 shares of the company’s stock valued at $1,645,000 after purchasing an additional 343 shares during the period. CX Institutional grew its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 0.4% in the third quarter. CX Institutional now owns 94,576 shares of the company’s stock valued at $3,441,000 after purchasing an additional 383 shares during the period. Thrivent Financial for Lutherans boosted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 1.2% in the second quarter. Thrivent Financial for Lutherans now owns 36,085 shares of the company’s stock valued at $1,205,000 after acquiring an additional 417 shares during the last quarter. Finally, World Equity Group Inc. boosted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 0.4% in the second quarter. World Equity Group Inc. now owns 108,498 shares of the company’s stock valued at $3,622,000 after acquiring an additional 423 shares during the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Trading Down 0.5 %

Shares of First Trust SMID Cap Rising Dividend Archievers ETF stock opened at $38.09 on Monday. First Trust SMID Cap Rising Dividend Archievers ETF has a twelve month low of $28.60 and a twelve month high of $39.24. The stock has a market capitalization of $6.67 billion, a P/E ratio of 8.30 and a beta of 1.18. The business’s fifty day moving average price is $36.47 and its 200 day moving average price is $35.05.

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. Investors of record on Thursday, September 26th were issued a $0.1383 dividend. This represents a $0.55 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date of this dividend was Thursday, September 26th.

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.