MGO One Seven LLC Has $3.04 Million Holdings in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

MGO One Seven LLC raised its holdings in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 85.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 79,309 shares of the company’s stock after purchasing an additional 36,541 shares during the period. MGO One Seven LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $3,039,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in SDVY. Bank of Jackson Hole Trust acquired a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the third quarter valued at approximately $25,000. Eagle Bay Advisors LLC acquired a new stake in First Trust SMID Cap Rising Dividend Achievers ETF during the fourth quarter worth approximately $25,000. Oakworth Capital Inc. acquired a new stake in First Trust SMID Cap Rising Dividend Achievers ETF during the fourth quarter worth approximately $25,000. Trust Co. of Vermont bought a new position in First Trust SMID Cap Rising Dividend Achievers ETF in the fourth quarter valued at approximately $27,000. Finally, EQ Wealth Advisors LLC bought a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter valued at $30,000.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Performance

Shares of NASDAQ:SDVY opened at $41.84 on Friday. The company has a market capitalization of $10.83 billion, a PE ratio of 14.54 and a beta of 1.04. First Trust SMID Cap Rising Dividend Achievers ETF has a 52-week low of $33.54 and a 52-week high of $42.89. The company has a fifty day moving average of $40.85 and a 200-day moving average of $39.84.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were given a $0.0976 dividend. This represents a $0.39 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Thursday, March 26th.

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.