Continuum Advisory LLC Purchases 5,033 Shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY)

Continuum Advisory LLC boosted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 7.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 72,511 shares of the company’s stock after acquiring an additional 5,033 shares during the quarter. Continuum Advisory LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $2,600,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Farmers & Merchants Investments Inc. bought a new stake in First Trust SMID Cap Rising Dividend Achievers ETF during the 4th quarter worth approximately $26,000. Grove Bank & Trust purchased a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the fourth quarter worth $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 purchasing an additional 443 shares in the last quarter. FSC Wealth Advisors LLC bought a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the 4th quarter valued at $29,000. Finally, Headlands Technologies LLC lifted its stake in shares of 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 valued at $29,000 after buying an additional 605 shares in the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Trading Down 0.3%

Shares of SDVY opened at $35.11 on Wednesday. The business’s 50 day moving average is $32.86 and its 200 day moving average is $35.56. First Trust SMID Cap Rising Dividend Achievers ETF has a 12-month low of $28.84 and a 12-month high of $40.60. The company has a market capitalization of $8.16 billion, a PE ratio of 13.22 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were paid a dividend of $0.1576 per share. The ex-dividend date was Thursday, March 27th. This is a positive change from First Trust SMID Cap Rising Dividend Achievers ETF’s previous quarterly dividend of $0.14. This represents a $0.63 dividend on an annualized basis and a yield of 1.80%.

About First Trust SMID Cap Rising Dividend Achievers ETF

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.