Collaborative Wealth Managment Inc. Acquires 2,829 Shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Collaborative Wealth Managment Inc. lifted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 17.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,135 shares of the company’s stock after acquiring an additional 2,829 shares during the period. Collaborative Wealth Managment Inc.’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $686,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in SDVY. Assetmark Inc. raised its position in First Trust SMID Cap Rising Dividend Archievers ETF by 105.2% in the 3rd quarter. Assetmark Inc. now owns 3,211 shares of the company’s stock worth $117,000 after purchasing an additional 1,646 shares during the period. Kovack Advisors Inc. lifted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 14.2% during the 3rd quarter. Kovack Advisors Inc. now owns 8,815 shares of the company’s stock worth $321,000 after purchasing an additional 1,098 shares during the last quarter. OneDigital Investment Advisors LLC lifted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 8.4% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 31,012 shares of the company’s stock worth $1,128,000 after purchasing an additional 2,398 shares during the last quarter. KPP Advisory Services LLC lifted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 238.1% during the 3rd quarter. KPP Advisory Services LLC now owns 66,887 shares of the company’s stock worth $2,433,000 after purchasing an additional 47,106 shares during the last quarter. Finally, Thrivent Financial for Lutherans lifted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 1.3% during the 3rd quarter. Thrivent Financial for Lutherans now owns 36,550 shares of the company’s stock worth $1,330,000 after purchasing an additional 465 shares during the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Performance

First Trust SMID Cap Rising Dividend Archievers ETF stock opened at $33.30 on Friday. The stock has a 50-day moving average of $36.14 and a two-hundred day moving average of $36.61. First Trust SMID Cap Rising Dividend Archievers ETF has a one year low of $32.22 and a one year high of $40.60. The stock has a market cap of $7.42 billion, a PE ratio of 13.44 and a beta of 1.18.

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.