Prospera Private Wealth LLC Takes Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Prospera Private Wealth LLC bought a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 5,512 shares of the company’s stock, valued at approximately $201,000.

Several other hedge funds have also bought and sold shares of SDVY. Hazlett Burt & Watson Inc. bought a new stake in First Trust SMID Cap Rising Dividend Archievers ETF during the second quarter worth about $28,000. Strategic Financial Concepts LLC bought a new stake in First Trust SMID Cap Rising Dividend Archievers ETF during the second quarter worth about $28,000. EverSource Wealth Advisors LLC bought a new stake in First Trust SMID Cap Rising Dividend Archievers ETF during the first quarter worth about $34,000. Mather Group LLC. bought a new stake in First Trust SMID Cap Rising Dividend Archievers ETF during the second quarter worth about $35,000. Finally, ORG Partners LLC bought a new stake in First Trust SMID Cap Rising Dividend Archievers ETF during the third quarter worth about $73,000.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

NASDAQ:SDVY opened at $38.23 on Thursday. First Trust SMID Cap Rising Dividend Archievers ETF has a one year low of $28.87 and a one year high of $39.24. The company’s 50-day simple moving average is $36.63 and its 200 day simple moving average is $35.13. The firm has a market capitalization of $6.69 billion, a P/E ratio of 8.30 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a $0.1383 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.55 annualized dividend and a yield of 1.45%.

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.