Strategic Financial Concepts LLC Buys New Stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Strategic Financial Concepts LLC bought a new stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 82,415 shares of the company’s stock, valued at approximately $28,000. Strategic Financial Concepts LLC owned approximately 0.05% of First Trust SMID Cap Rising Dividend Archievers ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Benjamin Edwards Inc. acquired a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the first quarter valued at about $32,000. EverSource Wealth Advisors LLC purchased a new stake in First Trust SMID Cap Rising Dividend Archievers ETF during the 1st quarter worth approximately $34,000. Mather Group LLC. acquired a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the 2nd quarter valued at approximately $35,000. VitalStone Financial LLC purchased a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the fourth quarter worth $39,000. Finally, TD Capital Management LLC lifted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 27.7% during the fourth quarter. TD Capital Management LLC now owns 2,026 shares of the company’s stock worth $66,000 after buying an additional 439 shares during the period.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

Shares of SDVY opened at $33.97 on Thursday. The company’s fifty day moving average price is $34.77 and its 200-day moving average price is $34.01. First Trust SMID Cap Rising Dividend Archievers ETF has a 1-year low of $26.40 and a 1-year high of $37.25. The firm has a market capitalization of $5.10 billion, a PE ratio of 8.30 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were paid a dividend of $0.1503 per share. The ex-dividend date was Thursday, June 27th. This represents a $0.60 annualized dividend and a yield of 1.77%.

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.