42,097 Shares in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Purchased by Marshall Investment Management LLC

Marshall Investment Management LLC bought a new position in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) during the third quarter, according to its most recent Form 13F filing with the SEC. The firm bought 42,097 shares of the company’s stock, valued at approximately $1,600,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Bank of Jackson Hole Trust purchased a new position in First Trust SMID Cap Rising Dividend Achievers ETF during the third quarter worth approximately $25,000. GoalVest Advisory LLC purchased a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the 3rd quarter valued at $25,000. Princeton Global Asset Management LLC acquired a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the 3rd quarter worth $36,000. Winnow Wealth LLC acquired a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the 2nd quarter worth $42,000. Finally, Bank of Montreal Can raised its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 4,082.8% during the 2nd quarter. Bank of Montreal Can now owns 1,213 shares of the company’s stock worth $43,000 after acquiring an additional 1,184 shares during the period.

First Trust SMID Cap Rising Dividend Achievers ETF Trading Up 0.5%

Shares of SDVY stock opened at $39.57 on Tuesday. The company’s 50-day moving average price is $41.01 and its 200-day moving average price is $39.09. The stock has a market cap of $9.92 billion, a price-to-earnings ratio of 14.54 and a beta of 1.12. First Trust SMID Cap Rising Dividend Achievers ETF has a twelve month low of $28.84 and a twelve month high of $42.89.

First Trust SMID Cap Rising Dividend Achievers 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.