First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) Shares Bought by OneDigital Investment Advisors LLC

OneDigital Investment Advisors LLC lifted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 31.3% during the fourth quarter, HoldingsChannel reports. The firm owned 40,714 shares of the company’s stock after purchasing an additional 9,702 shares during the quarter. OneDigital Investment Advisors LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $1,460,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Farmers & Merchants Investments Inc. purchased a new stake in First Trust SMID Cap Rising Dividend Achievers ETF during the 4th quarter worth approximately $26,000. Grove Bank & Trust acquired a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the fourth quarter worth approximately $27,000. Pineridge Advisors LLC increased its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 138.9% in the fourth quarter. Pineridge Advisors LLC now owns 762 shares of the company’s stock worth $27,000 after buying an additional 443 shares during the last quarter. FSC Wealth Advisors LLC bought a new position in First Trust SMID Cap Rising Dividend Achievers ETF during the 4th quarter valued at $29,000. Finally, Headlands Technologies LLC grew its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 307.1% during the 4th quarter. Headlands Technologies LLC now owns 802 shares of the company’s stock worth $29,000 after acquiring an additional 605 shares in the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Performance

Shares of First Trust SMID Cap Rising Dividend Achievers ETF stock opened at $32.57 on Friday. First Trust SMID Cap Rising Dividend Achievers ETF has a 1 year low of $28.84 and a 1 year high of $40.60. The firm’s 50-day simple moving average is $33.20 and its 200-day simple moving average is $35.90. The firm has a market cap of $7.57 billion, a PE ratio of 12.77 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were issued a dividend of $0.1576 per share. This represents a $0.63 dividend on an annualized basis and a yield of 1.94%. The ex-dividend date was Thursday, March 27th. This is an increase from First Trust SMID Cap Rising Dividend Achievers ETF’s previous quarterly dividend of $0.14.

First Trust SMID Cap Rising Dividend Achievers 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.