Lighthouse Wealth Management Inc. Takes Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Lighthouse Wealth Management Inc. acquired a new stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 25,726 shares of the company’s stock, valued at approximately $922,000. First Trust SMID Cap Rising Dividend Archievers ETF makes up 0.8% of Lighthouse Wealth Management Inc.’s investment portfolio, making the stock its 21st largest holding.

A number of other hedge funds also recently added to or reduced their stakes in the business. National Bank of Canada FI acquired a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the third quarter worth about $27,000. Grove Bank & Trust purchased a new position in First Trust SMID Cap Rising Dividend Archievers ETF in the fourth quarter worth approximately $27,000. Icon Wealth Advisors LLC acquired a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the 3rd quarter worth approximately $30,000. AlphaMark Advisors LLC purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the 4th quarter valued at approximately $31,000. Finally, Global Trust Asset Management LLC acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the 4th quarter valued at $52,000.

First Trust SMID Cap Rising Dividend Archievers ETF Trading Down 0.4 %

Shares of SDVY stock opened at $37.80 on Monday. The company has a market cap of $8.28 billion, a P/E ratio of 8.30 and a beta of 1.18. The firm has a fifty day moving average price of $37.53 and a 200 day moving average price of $36.42. First Trust SMID Cap Rising Dividend Archievers ETF has a 12 month low of $31.40 and a 12 month high of $40.60.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a dividend of $0.1821 per share. The ex-dividend date 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.