826 Shares in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Purchased by Icon Wealth Advisors LLC

Icon Wealth Advisors LLC bought a new stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 826 shares of the company’s stock, valued at approximately $30,000.

Other hedge funds also recently modified their holdings of the company. Covenant Asset Management LLC acquired a new position in First Trust SMID Cap Rising Dividend Archievers ETF in the third quarter valued at approximately $215,000. LPL Financial LLC lifted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 17.1% in the 3rd quarter. LPL Financial LLC now owns 17,987,114 shares of the company’s stock valued at $654,371,000 after purchasing an additional 2,628,717 shares during the period. SSI Investment Management LLC bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the 3rd quarter worth $4,260,000. Moors & Cabot Inc. grew its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 20.1% during the third quarter. Moors & Cabot Inc. now owns 61,011 shares of the company’s stock worth $2,220,000 after purchasing an additional 10,197 shares during the period. Finally, Stonebridge Financial Planning Group LLC increased its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 5.5% in the third quarter. Stonebridge Financial Planning Group LLC now owns 38,061 shares of the company’s stock valued at $1,385,000 after purchasing an additional 1,974 shares during the last quarter.

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

Shares of SDVY opened at $40.33 on Tuesday. The stock has a market cap of $7.06 billion, a P/E ratio of 8.30 and a beta of 1.18. The stock’s 50-day moving average price is $37.00 and its two-hundred day moving average price is $35.28. First Trust SMID Cap Rising Dividend Archievers ETF has a 1 year low of $28.92 and a 1 year high of $40.60.

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. Shareholders of record on Thursday, September 26th were paid a $0.1383 dividend. This represents a $0.55 annualized dividend and a yield of 1.37%. 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.