Secure Asset Management LLC Has $5.95 Million Stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Secure Asset Management LLC grew its stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 264.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 165,981 shares of the company’s stock after purchasing an additional 120,412 shares during the period. First Trust SMID Cap Rising Dividend Archievers ETF comprises approximately 0.9% of Secure Asset Management LLC’s investment portfolio, making the stock its 18th largest position. Secure Asset Management LLC owned 0.08% of First Trust SMID Cap Rising Dividend Archievers ETF worth $5,950,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Mutual Advisors LLC boosted its position in First Trust SMID Cap Rising Dividend Archievers ETF by 50.1% in the fourth quarter. Mutual Advisors LLC now owns 65,429 shares of the company’s stock valued at $2,449,000 after buying an additional 21,825 shares in the last quarter. Independent Wealth Network Inc. boosted its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 32.5% during the 4th quarter. Independent Wealth Network Inc. now owns 22,483 shares of the company’s stock valued at $806,000 after acquiring an additional 5,519 shares in the last quarter. Janney Montgomery Scott LLC boosted its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 46.8% during the 4th quarter. Janney Montgomery Scott LLC now owns 713,298 shares of the company’s stock valued at $25,572,000 after acquiring an additional 227,413 shares in the last quarter. Daymark Wealth Partners LLC grew its position in First Trust SMID Cap Rising Dividend Archievers ETF by 123.4% during the 4th quarter. Daymark Wealth Partners LLC now owns 401,848 shares of the company’s stock worth $14,406,000 after acquiring an additional 221,992 shares during the last quarter. Finally, Global Trust Asset Management LLC acquired a new position in First Trust SMID Cap Rising Dividend Archievers ETF in the 4th quarter worth about $52,000.

First Trust SMID Cap Rising Dividend Archievers ETF Trading Up 0.3 %

First Trust SMID Cap Rising Dividend Archievers ETF stock opened at $37.96 on Friday. The company has a market capitalization of $8.29 billion, a PE ratio of 8.30 and a beta of 1.18. The stock has a 50-day moving average price of $37.55 and a two-hundred day moving average price of $36.33. First Trust SMID Cap Rising Dividend Archievers ETF has a 12 month low of $31.40 and a 12 month high of $40.60.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a dividend of $0.1821 per share. The ex-dividend date was Friday, December 13th.

About First Trust SMID Cap Rising Dividend Archievers 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.