Fifth Third Wealth Advisors LLC Has $442,000 Stock Position in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY)

Fifth Third Wealth Advisors LLC boosted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 112.3% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,196 shares of the company’s stock after buying an additional 6,980 shares during the period. Fifth Third Wealth Advisors LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $442,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Farmers & Merchants Investments Inc. acquired a new position in First Trust SMID Cap Rising Dividend Achievers ETF during the fourth quarter valued at $26,000. Pineridge Advisors LLC raised its position in First Trust SMID Cap Rising Dividend Achievers ETF by 138.9% during the fourth quarter. Pineridge Advisors LLC now owns 762 shares of the company’s stock valued at $27,000 after buying an additional 443 shares during the period. Headlands Technologies LLC raised its position in First Trust SMID Cap Rising Dividend Achievers ETF by 307.1% during the fourth quarter. Headlands Technologies LLC now owns 802 shares of the company’s stock valued at $29,000 after buying an additional 605 shares during the period. Mascoma Wealth Management LLC acquired a new position in First Trust SMID Cap Rising Dividend Achievers ETF during the fourth quarter valued at $31,000. Finally, Park Square Financial Group LLC acquired a new position in First Trust SMID Cap Rising Dividend Achievers ETF during the fourth quarter valued at $31,000.

First Trust SMID Cap Rising Dividend Achievers ETF Trading Up 1.3%

NASDAQ:SDVY opened at $34.74 on Wednesday. The firm has a market capitalization of $8.08 billion, a price-to-earnings ratio of 13.22 and a beta of 1.18. First Trust SMID Cap Rising Dividend Achievers ETF has a 1-year low of $28.84 and a 1-year high of $40.60. The business’s fifty day moving average price is $32.96 and its 200 day moving average price is $35.30.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were given a $0.1576 dividend. This is a positive change from First Trust SMID Cap Rising Dividend Achievers ETF’s previous quarterly dividend of $0.14. This represents a $0.63 annualized dividend and a yield of 1.81%. The ex-dividend date was Thursday, March 27th.

First Trust SMID Cap Rising Dividend Achievers 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.