Beacon Financial Advisory LLC Has $1.88 Million Stake in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Beacon Financial Advisory LLC increased its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 26.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 53,156 shares of the company’s stock after acquiring an additional 11,060 shares during the period. Beacon Financial Advisory LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $1,875,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. National Bank of Canada FI raised its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 162.6% during the first quarter. National Bank of Canada FI now owns 6,736 shares of the company’s stock worth $225,000 after acquiring an additional 4,171 shares during the period. Wagner Wealth Management LLC increased its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 4.3% in the 2nd quarter. Wagner Wealth Management LLC now owns 456,314 shares of the company’s stock valued at $16,099,000 after buying an additional 18,713 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 71.4% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 106,418 shares of the company’s stock valued at $3,565,000 after buying an additional 44,324 shares during the last quarter. Smith Chas P & Associates PA Cpas increased its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 2.6% in the 2nd quarter. Smith Chas P & Associates PA Cpas now owns 1,028,128 shares of the company’s stock valued at $36,272,000 after buying an additional 25,667 shares during the last quarter. Finally, GAMMA Investing LLC increased its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 3,250.0% in the 1st quarter. GAMMA Investing LLC now owns 4,288 shares of the company’s stock valued at $144,000 after buying an additional 4,160 shares during the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Trading Up 0.1%

Shares of SDVY stock opened at $38.02 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 fifty day moving average price is $37.51 and its two-hundred day moving average price is $35.24. The firm has a market capitalization 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 Cuts Dividend

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

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.