Strategic Financial Concepts LLC Buys Shares of 469,011 First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Strategic Financial Concepts LLC bought a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 469,011 shares of the company’s stock, valued at approximately $16,814,000. Strategic Financial Concepts LLC owned about 0.21% of First Trust SMID Cap Rising Dividend Archievers ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Avidian Wealth Enterprises LLC increased its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 2.0% during the third quarter. Avidian Wealth Enterprises LLC now owns 15,054 shares of the company’s stock valued at $548,000 after buying an additional 295 shares during the last quarter. DHK Financial Advisors Inc. increased its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 0.5% in the fourth quarter. DHK Financial Advisors Inc. now owns 58,897 shares of the company’s stock worth $2,111,000 after purchasing an additional 297 shares in the last quarter. Legacy Capital Group California Inc. increased its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 0.8% in the third quarter. Legacy Capital Group California Inc. now owns 45,225 shares of the company’s stock worth $1,645,000 after purchasing an additional 343 shares in the last quarter. tru Independence LLC increased its stake in shares of 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 worth $1,113,000 after purchasing an additional 362 shares in the last quarter. Finally, Second Half Financial Partners LLC increased its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 3.9% in the third quarter. Second Half Financial Partners LLC now owns 9,740 shares of the company’s stock worth $354,000 after purchasing an additional 365 shares in the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

Shares of NASDAQ SDVY opened at $36.74 on Friday. The firm has a fifty day moving average price of $37.19 and a 200-day moving average price of $36.54. The stock has a market cap of $8.19 billion, a PE ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a 1 year low of $31.50 and a 1 year high of $40.60.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

The company also recently disclosed 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 was Friday, December 13th.

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.