Pine Valley Investments Ltd Liability Co Has $13.99 Million Stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Pine Valley Investments Ltd Liability Co raised its holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 1.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 390,347 shares of the company’s stock after acquiring an additional 5,106 shares during the quarter. First Trust SMID Cap Rising Dividend Archievers ETF comprises 0.8% of Pine Valley Investments Ltd Liability Co’s portfolio, making the stock its 23rd largest position. Pine Valley Investments Ltd Liability Co owned approximately 0.18% of First Trust SMID Cap Rising Dividend Archievers ETF worth $13,994,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Assetmark Inc. raised its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 105.2% during the 3rd quarter. Assetmark Inc. now owns 3,211 shares of the company’s stock valued at $117,000 after acquiring an additional 1,646 shares during the last quarter. Thrivent Financial for Lutherans lifted its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 1.3% in the third quarter. Thrivent Financial for Lutherans now owns 36,550 shares of the company’s stock valued at $1,330,000 after buying an additional 465 shares during the period. Redhawk Wealth Advisors Inc. lifted its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 16.4% in the fourth quarter. Redhawk Wealth Advisors Inc. now owns 150,303 shares of the company’s stock valued at $5,388,000 after buying an additional 21,199 shares during the period. Janney Montgomery Scott LLC grew its position 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 worth $25,572,000 after buying an additional 227,413 shares during the period. Finally, Allworth Financial LP increased its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 28.5% in the 4th quarter. Allworth Financial LP now owns 12,950 shares of the company’s stock valued at $490,000 after acquiring an additional 2,872 shares during the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

Shares of NASDAQ:SDVY opened at $35.57 on Tuesday. The firm’s 50 day simple moving average is $36.71 and its 200 day simple moving average is $36.68. First Trust SMID Cap Rising Dividend Archievers ETF has a fifty-two week low of $32.22 and a fifty-two week high of $40.60. The company has a market capitalization of $7.93 billion, a price-to-earnings ratio of 12.91 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

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

First Trust SMID Cap Rising Dividend Archievers ETF 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.