Quantum Private Wealth LLC Lowers Stock Holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Quantum Private Wealth LLC trimmed its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 16.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,725 shares of the company’s stock after selling 2,294 shares during the quarter. Quantum Private Wealth LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $427,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Comprehensive Financial Consultants Institutional Inc. purchased a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the 3rd quarter valued at about $281,000. Presidio Capital Management LLC boosted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 16.2% during the 3rd quarter. Presidio Capital Management LLC now owns 337,825 shares of the company’s stock valued at $12,290,000 after acquiring an additional 46,999 shares during the period. Woodmont Investment Counsel LLC purchased a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the 3rd quarter valued at about $358,000. Cozad Asset Management Inc. boosted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 14.4% during the 3rd quarter. Cozad Asset Management Inc. now owns 77,767 shares of the company’s stock valued at $2,829,000 after acquiring an additional 9,784 shares during the period. Finally, Walkner Condon Financial Advisors LLC boosted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 10.7% during the 3rd quarter. Walkner Condon Financial Advisors LLC now owns 30,365 shares of the company’s stock valued at $1,105,000 after acquiring an additional 2,942 shares during the period.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

SDVY stock opened at $38.52 on Friday. The firm has a market capitalization of $6.74 billion, a P/E ratio of 8.30 and a beta of 1.18. The business’s 50-day moving average is $36.05 and its two-hundred day moving average is $34.82. First Trust SMID Cap Rising Dividend Archievers ETF has a 1 year low of $27.26 and a 1 year high of $39.03.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a $0.1383 dividend. This represents a $0.55 dividend on an annualized basis and a yield of 1.44%. The ex-dividend date of this dividend was Thursday, September 26th.

First Trust SMID Cap Rising Dividend Archievers ETF 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.