First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Shares Bought by BlueChip Wealth Advisors LLC

BlueChip Wealth Advisors LLC raised its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 9.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 68,341 shares of the company’s stock after acquiring an additional 5,820 shares during the period. First Trust SMID Cap Rising Dividend Archievers ETF makes up about 1.4% of BlueChip Wealth Advisors LLC’s portfolio, making the stock its 17th biggest position. BlueChip Wealth Advisors LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $2,450,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. DHK Financial Advisors Inc. grew its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 0.5% during the fourth quarter. DHK Financial Advisors Inc. now owns 58,897 shares of the company’s stock worth $2,111,000 after acquiring an additional 297 shares during the period. tru Independence LLC increased its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 1.2% in the fourth quarter. tru Independence LLC now owns 31,039 shares of the company’s stock valued at $1,113,000 after buying an additional 362 shares in the last quarter. Pineridge Advisors LLC increased its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 138.9% in the 4th quarter. Pineridge Advisors LLC now owns 762 shares of the company’s stock valued at $27,000 after purchasing an additional 443 shares in the last quarter. Thrivent Financial for Lutherans grew its holdings 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 purchasing an additional 465 shares during the period. Finally, Capital Investment Counsel LLC increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 0.3% in the fourth quarter. Capital Investment Counsel LLC now owns 212,062 shares of the company’s stock valued at $7,602,000 after buying an additional 549 shares in the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

Shares of SDVY stock opened at $33.39 on Friday. The stock has a 50 day simple moving average of $35.62 and a 200-day simple moving average of $36.51. First Trust SMID Cap Rising Dividend Archievers ETF has a 1-year low of $32.22 and a 1-year high of $40.60. The company has a market cap of $7.81 billion, a price-to-earnings ratio of 13.43 and a beta of 1.21.

First Trust SMID Cap Rising Dividend Archievers ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be issued a dividend of $0.1576 per share. This represents a $0.63 annualized dividend and a yield of 1.89%. This is an increase from First Trust SMID Cap Rising Dividend Archievers ETF’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend is Thursday, March 27th.

About First Trust SMID Cap Rising Dividend Archievers ETF

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.