Axxcess Wealth Management LLC Boosts Holdings in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Axxcess Wealth Management LLC boosted its position in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 4,508.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 806,331 shares of the company’s stock after buying an additional 788,833 shares during the period. Axxcess Wealth Management LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $30,899,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Raymond James Financial Inc. boosted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 6.9% during the 3rd quarter. Raymond James Financial Inc. now owns 12,844,014 shares of the company’s stock worth $488,323,000 after purchasing an additional 825,345 shares in the last quarter. Bank of America Corp DE boosted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 8.3% during the 3rd quarter. Bank of America Corp DE now owns 7,982,389 shares of the company’s stock worth $303,486,000 after purchasing an additional 614,123 shares in the last quarter. UBS Group AG boosted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 2.9% during the 4th quarter. UBS Group AG now owns 6,941,165 shares of the company’s stock worth $265,985,000 after purchasing an additional 194,373 shares in the last quarter. Capital Investment Advisors LLC boosted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 4.9% during the 4th quarter. Capital Investment Advisors LLC now owns 4,375,623 shares of the company’s stock worth $167,674,000 after purchasing an additional 204,797 shares in the last quarter. Finally, HighTower Advisors LLC boosted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 5.7% during the 4th quarter. HighTower Advisors LLC now owns 3,305,788 shares of the company’s stock worth $126,678,000 after purchasing an additional 178,736 shares in the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Performance

Shares of NASDAQ SDVY opened at $41.36 on Friday. The firm has a market capitalization of $10.71 billion, a P/E ratio of 14.54 and a beta of 1.04. First Trust SMID Cap Rising Dividend Achievers ETF has a one year low of $33.54 and a one year high of $42.89. The company’s fifty day moving average is $40.82 and its two-hundred day moving average is $40.10.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were paid a dividend of $0.0976 per share. This represents a $0.39 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend was Thursday, March 26th.

About First Trust SMID Cap Rising Dividend Achievers 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.