Gaddis Premier Wealth Advisors LLC Purchases Shares of 149,251 First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Gaddis Premier Wealth Advisors LLC purchased a new stake in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 149,251 shares of the company’s stock, valued at approximately $5,719,000. First Trust SMID Cap Rising Dividend Achievers ETF accounts for approximately 4.3% of Gaddis Premier Wealth Advisors LLC’s portfolio, making the stock its 8th biggest position. Gaddis Premier Wealth Advisors LLC owned approximately 0.06% of First Trust SMID Cap Rising Dividend Achievers ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SDVY. LPL Financial LLC boosted its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 4.8% during the fourth quarter. LPL Financial LLC now owns 24,892,169 shares of the company’s stock worth $953,868,000 after acquiring an additional 1,135,800 shares in the last quarter. Raymond James Financial Inc. lifted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 6.9% in the third quarter. Raymond James Financial Inc. now owns 12,844,014 shares of the company’s stock valued at $488,323,000 after buying an additional 825,345 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 8.3% in the third quarter. Bank of America Corp DE now owns 7,982,389 shares of the company’s stock valued at $303,486,000 after buying an additional 614,123 shares in the last quarter. UBS Group AG lifted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 2.9% in the fourth quarter. UBS Group AG now owns 6,941,165 shares of the company’s stock valued at $265,985,000 after buying an additional 194,373 shares in the last quarter. Finally, Capital Investment Advisors LLC lifted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 4.9% in the fourth quarter. Capital Investment Advisors LLC now owns 4,375,623 shares of the company’s stock valued at $167,674,000 after buying an additional 204,797 shares in the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Trading Up 0.0%

First Trust SMID Cap Rising Dividend Achievers ETF stock opened at $41.38 on Tuesday. First Trust SMID Cap Rising Dividend Achievers ETF has a 1-year low of $34.19 and a 1-year high of $42.89. The firm has a market capitalization of $10.71 billion, a price-to-earnings ratio of 14.54 and a beta of 1.01. The firm’s fifty day moving average price is $41.30 and its two-hundred day moving average price is $40.43.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were paid a $0.0976 dividend. This represents a $0.39 dividend on an annualized basis 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.