First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Holdings Increased by Cornerstone Wealth LLC TN

Cornerstone Wealth LLC TN raised its position in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 47.7% in the 3rd quarter, Holdings Channel reports. The fund owned 48,380 shares of the company’s stock after acquiring an additional 15,623 shares during the period. First Trust SMID Cap Rising Dividend Achievers ETF accounts for approximately 1.0% of Cornerstone Wealth LLC TN’s holdings, making the stock its 28th biggest position. Cornerstone Wealth LLC TN’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $2,035,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. MCF Advisors LLC purchased a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the 2nd quarter worth approximately $9,702,000. Pinnacle Wealth Management Advisory Group LLC lifted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 9.7% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 212,206 shares of the company’s stock valued at $9,155,000 after buying an additional 18,769 shares during the period. Guardian Wealth Advisors LLC NC lifted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 4.4% in the 2nd quarter. Guardian Wealth Advisors LLC NC now owns 571,663 shares of the company’s stock valued at $24,662,000 after buying an additional 24,311 shares during the period. Benjamin Edwards Inc. boosted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 13.0% in the second quarter. Benjamin Edwards Inc. now owns 298,897 shares of the company’s stock valued at $12,896,000 after buying an additional 34,295 shares in the last quarter. Finally, Spartan Wealth Advisory Services LLC purchased a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the first quarter valued at approximately $2,206,000.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

Shares of SDVY stock opened at $42.50 on Friday. First Trust SMID Cap Rising Dividend Achievers ETF has a 1-year low of $36.40 and a 1-year high of $45.11. The firm has a market capitalization of $11.22 billion, a PE ratio of 14.54 and a beta of 1.01. The business’s fifty day moving average price is $42.14 and its 200 day moving average price is $41.90.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were given a dividend of $0.1002 per share. The ex-dividend date was Thursday, September 24th. This is an increase from First Trust SMID Cap Rising Dividend Achievers ETF’s previous quarterly dividend of $0.0901. This represents a $0.40 annualized dividend and a yield of 0.9%.

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.