Fairway Wealth LLC Makes New Investment in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Fairway Wealth LLC purchased a new stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) in the fourth quarter, according to its most recent filing with the SEC. The fund purchased 1,200 shares of the company’s stock, valued at approximately $43,000.

Other institutional investors have also made changes to their positions in the company. Assetmark Inc. grew its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 105.2% during the 3rd quarter. Assetmark Inc. now owns 3,211 shares of the company’s stock worth $117,000 after buying an additional 1,646 shares during the last quarter. Legacy Capital Wealth Partners LLC grew its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 13.8% during the 3rd quarter. Legacy Capital Wealth Partners LLC now owns 16,421 shares of the company’s stock worth $597,000 after buying an additional 1,994 shares during the last quarter. GDS Wealth Management grew its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 13.1% during the 3rd quarter. GDS Wealth Management now owns 386,308 shares of the company’s stock worth $14,054,000 after buying an additional 44,802 shares during the last quarter. Jaffetilchin Investment Partners LLC bought a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the 3rd quarter worth $519,000. Finally, Nations Financial Group Inc. IA ADV grew its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 19.1% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 80,915 shares of the company’s stock worth $2,944,000 after buying an additional 12,982 shares during the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

Shares of SDVY opened at $33.43 on Tuesday. First Trust SMID Cap Rising Dividend Archievers ETF has a 12 month low of $32.22 and a 12 month high of $40.60. The stock has a fifty day moving average price of $36.37 and a 200 day moving average price of $36.69. The company has a market cap of $7.45 billion, a P/E ratio of 12.91 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders 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 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.