American Institute for Advanced Investment Management LLP Invests $997,000 in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

American Institute for Advanced Investment Management LLP bought a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 27,813 shares of the company’s stock, valued at approximately $997,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SDVY. National Bank of Canada FI bought a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the third quarter valued at about $27,000. Grove Bank & Trust acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 4th quarter worth approximately $27,000. FSC Wealth Advisors LLC bought a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter valued at approximately $29,000. Icon Wealth Advisors LLC acquired a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the third quarter valued at $30,000. Finally, AlphaMark Advisors LLC bought a new position in First Trust SMID Cap Rising Dividend Archievers ETF in the fourth quarter worth $31,000.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

SDVY opened at $37.55 on Thursday. First Trust SMID Cap Rising Dividend Archievers ETF has a fifty-two week low of $31.40 and a fifty-two week high of $40.60. The company has a market capitalization of $8.30 billion, a P/E ratio of 8.30 and a beta of 1.18. The firm’s fifty day moving average price is $37.51 and its two-hundred day moving average price is $36.47.

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 paid a $0.1821 dividend. The ex-dividend date of this dividend 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.