Accel Wealth Management Acquires 1,454 Shares of First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Accel Wealth Management increased its holdings in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 12.5% in the 2nd quarter, Holdings Channel reports. The fund owned 13,062 shares of the company’s stock after buying an additional 1,454 shares during the quarter. Accel Wealth Management’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $461,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Precedent Wealth Partners LLC increased its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 6.9% in the 2nd quarter. Precedent Wealth Partners LLC now owns 214,049 shares of the company’s stock worth $7,552,000 after acquiring an additional 13,793 shares in the last quarter. Fairvoy Private Wealth LLC increased its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 9.9% during the 2nd quarter. Fairvoy Private Wealth LLC now owns 233,877 shares of the company’s stock valued at $8,251,000 after purchasing an additional 21,134 shares in the last quarter. Ameritas Advisory Services LLC increased its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 0.8% during the 2nd quarter. Ameritas Advisory Services LLC now owns 41,112 shares of the company’s stock valued at $1,450,000 after purchasing an additional 335 shares in the last quarter. Consolidated Planning Corp increased its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 5.1% during the 2nd quarter. Consolidated Planning Corp now owns 9,921 shares of the company’s stock valued at $350,000 after purchasing an additional 479 shares in the last quarter. Finally, Provident Wealth Management LLC increased its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 0.3% during the 2nd quarter. Provident Wealth Management LLC now owns 138,295 shares of the company’s stock valued at $4,879,000 after purchasing an additional 393 shares in the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Performance

NASDAQ:SDVY opened at $38.02 on Friday. The firm has a market cap of $8.96 billion, a P/E ratio of 14.54 and a beta of 1.18. First Trust SMID Cap Rising Dividend Achievers ETF has a fifty-two week low of $28.84 and a fifty-two week high of $40.60. The firm has a 50-day simple moving average of $37.51 and a two-hundred day simple moving average of $35.24.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were paid a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Thursday, September 25th.

First Trust SMID Cap Rising Dividend Achievers 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.