Kingswood Wealth Advisors LLC Purchases 12,007 Shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Kingswood Wealth Advisors LLC increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 58.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 32,504 shares of the company’s stock after buying an additional 12,007 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $1,165,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Assetmark Inc. boosted its position in First Trust SMID Cap Rising Dividend Archievers ETF by 105.2% during the third quarter. Assetmark Inc. now owns 3,211 shares of the company’s stock valued at $117,000 after purchasing an additional 1,646 shares during the last quarter. Thrivent Financial for Lutherans increased its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 1.3% during the 3rd quarter. Thrivent Financial for Lutherans now owns 36,550 shares of the company’s stock worth $1,330,000 after acquiring an additional 465 shares during the period. Park National Corp OH increased its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 292.0% during the 3rd quarter. Park National Corp OH now owns 2,531,035 shares of the company’s stock worth $92,079,000 after acquiring an additional 1,885,435 shares during the period. Cherry Creek Investment Advisors Inc. increased its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 8.8% during the 3rd quarter. Cherry Creek Investment Advisors Inc. now owns 86,313 shares of the company’s stock worth $3,140,000 after acquiring an additional 6,973 shares during the period. Finally, Triton Wealth Management PLLC bought a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the 3rd quarter worth $237,000.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Performance

Shares of SDVY opened at $37.59 on Wednesday. First Trust SMID Cap Rising Dividend Archievers ETF has a 52-week low of $31.40 and a 52-week high of $40.60. The business’s fifty day moving average is $37.51 and its 200-day moving average is $36.47. The firm has a market cap of $8.23 billion, a price-to-earnings ratio of 8.30 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

The firm also recently declared 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 of this dividend was Friday, December 13th.

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.