First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Stock Position Increased by Fairvoy Private Wealth LLC

Fairvoy Private Wealth LLC lifted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 26.0% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 294,652 shares of the company’s stock after purchasing an additional 60,775 shares during the quarter. First Trust SMID Cap Rising Dividend Achievers ETF comprises about 2.6% of Fairvoy Private Wealth LLC’s holdings, making the stock its 9th biggest holding. Fairvoy Private Wealth LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $11,203,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Hantz Financial Services Inc. acquired a new stake in First Trust SMID Cap Rising Dividend Achievers ETF during the 2nd quarter worth approximately $33,000. Princeton Global Asset Management LLC acquired a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the third quarter worth $36,000. Fifth Third Bancorp increased its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 120.9% during the second quarter. Fifth Third Bancorp now owns 952 shares of the company’s stock worth $34,000 after acquiring an additional 521 shares during the period. Atlantic Union Bankshares Corp acquired a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the second quarter valued at $34,000. Finally, Winnow Wealth LLC acquired a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the second quarter valued at $42,000.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

SDVY opened at $39.02 on Friday. First Trust SMID Cap Rising Dividend Achievers ETF has a 12 month low of $28.84 and a 12 month high of $39.60. The stock has a market capitalization of $9.37 billion, a price-to-earnings ratio of 14.54 and a beta of 1.12. The business has a fifty day moving average price of $37.88 and a 200 day moving average price of $37.08.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th will be given a dividend of $0.1305 per share. This is a boost from First Trust SMID Cap Rising Dividend Achievers ETF’s previous quarterly dividend of $0.10. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, December 12th.

First Trust SMID Cap Rising Dividend Achievers 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.