Beacon Financial Advisory LLC Acquires 10,091 Shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Beacon Financial Advisory LLC increased its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 63.8% during the 4th quarter, HoldingsChannel reports. The fund owned 25,899 shares of the company’s stock after buying an additional 10,091 shares during the period. Beacon Financial Advisory LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $928,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of SDVY. LPL Financial LLC boosted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 17.1% in the 3rd quarter. LPL Financial LLC now owns 17,987,114 shares of the company’s stock worth $654,371,000 after purchasing an additional 2,628,717 shares in the last quarter. Raymond James & Associates raised its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 18.8% during the third quarter. Raymond James & Associates now owns 4,234,856 shares of the company’s stock valued at $154,064,000 after buying an additional 669,172 shares during the last quarter. Advance Capital Management Inc. bought a new stake in First Trust SMID Cap Rising Dividend Archievers ETF in the fourth quarter worth $17,603,000. Stifel Financial Corp grew its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 16.3% in the third quarter. Stifel Financial Corp now owns 2,485,251 shares of the company’s stock worth $90,415,000 after acquiring an additional 347,799 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the third quarter valued at $12,398,000.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

SDVY opened at $37.18 on Thursday. The firm has a market cap of $8.26 billion, a PE ratio of 8.30 and a beta of 1.18. The stock has a 50-day moving average price of $37.30 and a 200-day moving average price of $36.53. First Trust SMID Cap Rising Dividend Archievers ETF has a 1 year low of $31.50 and a 1 year high of $40.60.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a $0.1821 dividend. The ex-dividend date of this dividend was Friday, December 13th.

First Trust SMID Cap Rising Dividend Archievers 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.