97,649 Shares in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Purchased by Global Retirement Partners LLC

Global Retirement Partners LLC purchased a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 97,649 shares of the company’s stock, valued at approximately $3,445,000.

Other hedge funds also recently modified their holdings of the company. Purus Wealth Management LLC increased its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 0.5% during the second quarter. Purus Wealth Management LLC now owns 52,207 shares of the company’s stock valued at $1,842,000 after purchasing an additional 285 shares during the period. Moloney Securities Asset Management LLC boosted its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 2.9% during the second quarter. Moloney Securities Asset Management LLC now owns 10,260 shares of the company’s stock worth $362,000 after buying an additional 291 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 1.2% in the 2nd quarter. Farther Finance Advisors LLC now owns 28,969 shares of the company’s stock valued at $1,022,000 after buying an additional 333 shares during the period. Ameritas Advisory Services LLC raised its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 0.8% in the 2nd quarter. Ameritas Advisory Services LLC now owns 41,112 shares of the company’s stock valued at $1,450,000 after buying an additional 335 shares in the last quarter. Finally, Clear Creek Financial Management LLC lifted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 1.4% during the 2nd quarter. Clear Creek Financial Management LLC now owns 28,224 shares of the company’s stock worth $996,000 after acquiring an additional 391 shares during the period.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Up 0.2%

NASDAQ:SDVY opened at $37.28 on Tuesday. The firm has a market capitalization of $8.96 billion, a PE ratio of 14.54 and a beta of 1.12. 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 firm has a 50-day moving average price of $37.60 and a 200 day moving average price of $36.57.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

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