13,424 Shares in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Purchased by Thoroughbred Financial Services LLC

Thoroughbred Financial Services LLC bought a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 13,424 shares of the company’s stock, valued at approximately $481,000.

A number of other hedge funds have also recently modified their holdings of the business. Farmers & Merchants Investments Inc. bought a new position in First Trust SMID Cap Rising Dividend Archievers ETF in the 4th quarter valued at $26,000. National Bank of Canada FI bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the third quarter worth about $27,000. Grove Bank & Trust bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the fourth quarter worth about $27,000. Pineridge Advisors LLC increased its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 138.9% in the 4th quarter. Pineridge Advisors LLC now owns 762 shares of the company’s stock worth $27,000 after buying an additional 443 shares during the period. Finally, FSC Wealth Advisors LLC bought a new stake in First Trust SMID Cap Rising Dividend Archievers ETF during the 4th quarter valued at about $29,000.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

First Trust SMID Cap Rising Dividend Archievers ETF stock opened at $30.31 on Monday. The stock has a market cap of $7.07 billion, a price-to-earnings ratio of 13.43 and a beta of 1.18. The firm has a 50-day moving average of $35.11 and a two-hundred day moving average of $36.46. First Trust SMID Cap Rising Dividend Archievers ETF has a 1 year low of $29.67 and a 1 year high of $40.60.

First Trust SMID Cap Rising Dividend Archievers ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were paid a $0.1576 dividend. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $0.63 annualized dividend and a yield of 2.08%. This is a boost from First Trust SMID Cap Rising Dividend Archievers ETF’s previous quarterly dividend of $0.14.

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.