79,510 Shares in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Purchased by Goldenstone Wealth Management LLC

Goldenstone Wealth Management LLC purchased a new position in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) in the fourth quarter, Holdings Channel reports. The fund purchased 79,510 shares of the company’s stock, valued at approximately $3,047,000. First Trust SMID Cap Rising Dividend Achievers ETF accounts for 2.3% of Goldenstone Wealth Management LLC’s holdings, making the stock its 11th biggest holding.

A number of other large investors also recently bought and sold shares of the business. Mach 1 Financial Group LLC acquired a new position in First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter worth about $10,997,000. Fortis Group Advisors LLC raised its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 3.3% in the 4th quarter. Fortis Group Advisors LLC now owns 8,422 shares of the company’s stock worth $340,000 after purchasing an additional 272 shares during the period. Rathbones Group PLC raised its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 67.5% in the 4th quarter. Rathbones Group PLC now owns 15,461 shares of the company’s stock worth $592,000 after purchasing an additional 6,232 shares during the period. IFP Advisors Inc raised its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 62.0% in the 4th quarter. IFP Advisors Inc now owns 15,014 shares of the company’s stock worth $575,000 after purchasing an additional 5,748 shares during the period. Finally, Larson Financial Group LLC raised its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 6.3% in the 4th quarter. Larson Financial Group LLC now owns 11,112 shares of the company’s stock worth $426,000 after purchasing an additional 659 shares during the period.

First Trust SMID Cap Rising Dividend Achievers ETF Trading Up 1.6%

NASDAQ SDVY opened at $41.28 on Thursday. The stock has a market capitalization of $10.69 billion, a price-to-earnings ratio of 14.54 and a beta of 1.04. First Trust SMID Cap Rising Dividend Achievers ETF has a twelve month low of $33.54 and a twelve month high of $42.89. The stock has a 50-day moving average of $40.80 and a 200 day moving average of $40.07.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were issued a dividend of $0.0976 per share. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.39 dividend on an annualized basis and a dividend yield of 0.9%.

About First Trust SMID Cap Rising Dividend Achievers 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.