AIFG Consultants Ltd. Sells 90,108 Shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

AIFG Consultants Ltd. decreased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 48.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 96,850 shares of the company’s stock after selling 90,108 shares during the quarter. First Trust SMID Cap Rising Dividend Archievers ETF makes up approximately 5.7% of AIFG Consultants Ltd.’s portfolio, making the stock its 5th biggest position. AIFG Consultants Ltd.’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $3,472,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Farmers & Merchants Investments Inc. acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the fourth quarter valued at about $26,000. National Bank of Canada FI acquired a new stake in First Trust SMID Cap Rising Dividend Archievers ETF during the third quarter worth approximately $27,000. Grove Bank & Trust acquired a new stake in First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter worth approximately $27,000. Pineridge Advisors LLC grew its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 138.9% in the fourth quarter. Pineridge Advisors LLC now owns 762 shares of the company’s stock valued at $27,000 after acquiring an additional 443 shares during the period. Finally, FSC Wealth Advisors LLC acquired a new stake in First Trust SMID Cap Rising Dividend Archievers ETF in the fourth quarter valued at approximately $29,000.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Performance

Shares of First Trust SMID Cap Rising Dividend Archievers ETF stock opened at $36.92 on Tuesday. First Trust SMID Cap Rising Dividend Archievers ETF has a 52 week low of $31.50 and a 52 week high of $40.60. The stock has a 50 day moving average price of $37.13 and a two-hundred day moving average price of $36.56. The stock has a market capitalization of $8.23 billion, a PE ratio of 8.30 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a $0.1821 dividend. The ex-dividend date was Friday, December 13th.

First Trust SMID Cap Rising Dividend Archievers 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.