Prosperity Financial Group Inc. Makes New $1.29 Million Investment in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Prosperity Financial Group Inc. acquired a new position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 35,581 shares of the company’s stock, valued at approximately $1,294,000.

A number of other large investors also recently modified their holdings of the company. Hazlett Burt & Watson Inc. bought a new stake in First Trust SMID Cap Rising Dividend Archievers ETF during the second quarter valued at about $28,000. Strategic Financial Concepts LLC bought a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the second quarter valued at approximately $28,000. Icon Wealth Advisors LLC bought a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the third quarter worth about $30,000. EverSource Wealth Advisors LLC purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 1st quarter worth approximately $34,000. Finally, Mather Group LLC. bought a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the second quarter valued at $35,000.

First Trust SMID Cap Rising Dividend Archievers ETF Trading Up 1.8 %

Shares of NASDAQ SDVY opened at $39.61 on Monday. The stock has a market capitalization of $6.93 billion, a price-to-earnings ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a 12-month low of $28.92 and a 12-month high of $39.63. The firm’s 50-day moving average price is $36.90 and its 200-day moving average price is $35.23.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a dividend of $0.1383 per share. This represents a $0.55 annualized dividend and a dividend yield of 1.40%. The ex-dividend date of this dividend was Thursday, September 26th.

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.