Vantus Wealth LLC Buys New Position in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Vantus Wealth LLC bought a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) during the 4th quarter, HoldingsChannel.com reports. The fund bought 30,365 shares of the company’s stock, valued at approximately $1,164,000. First Trust SMID Cap Rising Dividend Achievers ETF makes up about 0.9% of Vantus Wealth LLC’s holdings, making the stock its 26th largest position.

Several other hedge funds also recently modified their holdings of the stock. TD Waterhouse Canada Inc. boosted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 1.7% during the fourth quarter. TD Waterhouse Canada Inc. now owns 15,085 shares of the company’s stock valued at $578,000 after buying an additional 251 shares during the last quarter. Keystone Financial Services LLC boosted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 1.3% during the fourth quarter. Keystone Financial Services LLC now owns 19,815 shares of the company’s stock valued at $759,000 after buying an additional 252 shares during the last quarter. Insight Inv LLC boosted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 2.0% during the fourth quarter. Insight Inv LLC now owns 13,770 shares of the company’s stock valued at $528,000 after buying an additional 270 shares during the last quarter. Fortis Group Advisors LLC boosted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 3.3% during the fourth quarter. Fortis Group Advisors LLC now owns 8,422 shares of the company’s stock valued at $340,000 after buying an additional 272 shares during the last quarter. Finally, Marino Stram & Associates LLC boosted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 4.0% during the fourth quarter. Marino Stram & Associates LLC now owns 7,306 shares of the company’s stock valued at $280,000 after buying an additional 284 shares during the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Down 0.5%

Shares of NASDAQ:SDVY opened at $41.05 on Tuesday. The stock has a market cap of $10.63 billion, a price-to-earnings ratio of 14.54 and a beta of 1.04. First Trust SMID Cap Rising Dividend Achievers ETF has a 12-month low of $33.89 and a 12-month high of $42.89. The business’s 50 day moving average is $41.10 and its 200 day moving average is $40.29.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were given a dividend of $0.0976 per share. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.39 annualized dividend and a dividend yield of 1.0%.

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.