GW Henssler & Associates Ltd. Invests $19.56 Million in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

GW Henssler & Associates Ltd. acquired a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 510,473 shares of the company’s stock, valued at approximately $19,561,000. GW Henssler & Associates Ltd. owned about 0.20% of First Trust SMID Cap Rising Dividend Achievers ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Raymond James Financial Inc. lifted its holdings 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 acquiring an additional 825,345 shares during the last quarter. Bank of America Corp DE lifted its holdings 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 acquiring an additional 614,123 shares during the last quarter. UBS Group AG lifted its holdings 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 acquiring an additional 194,373 shares during the last quarter. Capital Investment Advisors LLC lifted its holdings 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 acquiring an additional 204,797 shares during the last quarter. Finally, HighTower Advisors LLC lifted its holdings 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 acquiring an additional 178,736 shares during the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Performance

NASDAQ SDVY opened at $41.05 on Tuesday. First Trust SMID Cap Rising Dividend Achievers ETF has a 52-week low of $33.89 and a 52-week high of $42.89. The company has a market capitalization of $10.63 billion, a P/E ratio of 14.54 and a beta of 1.04. The company has a fifty day moving average of $41.10 and a 200-day moving average of $40.29.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were paid a $0.0976 dividend. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.39 annualized dividend and a 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.