Advance Capital Management Inc. Acquires Shares of 491,017 First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Advance Capital Management Inc. bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 491,017 shares of the company’s stock, valued at approximately $17,603,000. First Trust SMID Cap Rising Dividend Archievers ETF accounts for approximately 0.8% of Advance Capital Management Inc.’s holdings, making the stock its 10th biggest position.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Central Pacific Bank Trust Division lifted its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 46.7% in the 4th quarter. Central Pacific Bank Trust Division now owns 79,025 shares of the company’s stock valued at $2,833,000 after buying an additional 25,170 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 18.0% in the third quarter. JPMorgan Chase & Co. now owns 145,503 shares of the company’s stock valued at $5,293,000 after acquiring an additional 22,158 shares in the last quarter. Capasso Planning Partners LLC boosted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 10.8% in the third quarter. Capasso Planning Partners LLC now owns 8,933 shares of the company’s stock worth $325,000 after acquiring an additional 872 shares during the last quarter. Synovus Financial Corp boosted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 8.4% in the third quarter. Synovus Financial Corp now owns 120,709 shares of the company’s stock worth $4,391,000 after acquiring an additional 9,303 shares during the last quarter. Finally, World Investment Advisors LLC increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 8.0% during the third quarter. World Investment Advisors LLC now owns 29,203 shares of the company’s stock worth $1,062,000 after purchasing an additional 2,151 shares in the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Trading Up 0.2 %

SDVY stock traded up $0.06 during midday trading on Monday, reaching $36.24. The stock had a trading volume of 2,107,709 shares, compared to its average volume of 1,646,664. First Trust SMID Cap Rising Dividend Archievers ETF has a 52-week low of $30.93 and a 52-week high of $40.60. The company’s fifty day simple moving average is $37.71 and its 200 day simple moving average is $36.02. The company has a market cap of $7.71 billion, a price-to-earnings ratio of 8.30 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders 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 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.