Great Valley Advisor Group Inc. Grows Stock Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Great Valley Advisor Group Inc. boosted its position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 72.9% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,223 shares of the company’s stock after buying an additional 5,576 shares during the period. Great Valley Advisor Group Inc.’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $481,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Certified Advisory Corp acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the 3rd quarter valued at approximately $6,272,000. Flagstar Advisors Inc. lifted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 0.9% in the third quarter. Flagstar Advisors Inc. now owns 81,560 shares of the company’s stock valued at $2,967,000 after acquiring an additional 734 shares during the period. Meridian Wealth Management LLC boosted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 141.9% during the 3rd quarter. Meridian Wealth Management LLC now owns 39,336 shares of the company’s stock worth $1,431,000 after purchasing an additional 23,074 shares in the last quarter. Icon Wealth Advisors LLC purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 3rd quarter worth $30,000. Finally, Covenant Asset Management LLC acquired a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 3rd quarter worth $215,000.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Down 0.9 %

Shares of NASDAQ SDVY opened at $39.98 on Wednesday. The stock has a market capitalization of $7.00 billion, a price-to-earnings ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a 52 week low of $28.92 and a 52 week high of $40.60. The firm has a 50-day moving average price of $37.09 and a 200 day moving average price of $35.31.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a dividend of $0.1383 per share. The ex-dividend date was Thursday, September 26th. This represents a $0.55 dividend on an annualized basis and a dividend yield of 1.38%.

First Trust SMID Cap Rising Dividend Archievers 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.