MGO One Seven LLC Purchases 37,831 Shares of First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

MGO One Seven LLC raised its position in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 4.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 935,222 shares of the company’s stock after buying an additional 37,831 shares during the quarter. First Trust SMID Cap Rising Dividend Achievers ETF comprises about 0.6% of MGO One Seven LLC’s holdings, making the stock its 23rd largest position. MGO One Seven LLC owned about 0.35% of First Trust SMID Cap Rising Dividend Achievers ETF worth $37,951,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in SDVY. Heritage Wealth Management Inc. purchased a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the 3rd quarter worth about $293,000. Partners Wealth Management LLC raised its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 36.7% in the 3rd quarter. Partners Wealth Management LLC now owns 36,041 shares of the company’s stock valued at $1,463,000 after acquiring an additional 9,683 shares during the period. Blueprint Investment Partners LLC raised its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 18.2% in the 3rd quarter. Blueprint Investment Partners LLC now owns 44,552 shares of the company’s stock valued at $1,808,000 after acquiring an additional 6,872 shares during the period. Blueprint Financial Advisors LLC raised its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 10.0% in the 3rd quarter. Blueprint Financial Advisors LLC now owns 44,552 shares of the company’s stock valued at $1,808,000 after acquiring an additional 4,049 shares during the period. Finally, Cornerstone Wealth LLC TN lifted its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 47.7% during the third quarter. Cornerstone Wealth LLC TN now owns 48,380 shares of the company’s stock valued at $2,035,000 after purchasing an additional 15,623 shares during the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Down 1.1%

NASDAQ SDVY opened at $42.03 on Friday. The company has a market cap of $11.09 billion, a PE ratio of 14.54 and a beta of 1.01. First Trust SMID Cap Rising Dividend Achievers ETF has a 52 week low of $36.40 and a 52 week high of $45.11. The firm’s 50-day simple moving average is $42.11 and its two-hundred day simple moving average is $41.91.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were given a $0.1002 dividend. This represents a $0.40 annualized dividend and a dividend yield of 1.0%. This is an increase from First Trust SMID Cap Rising Dividend Achievers ETF’s previous quarterly dividend of $0.0901. The ex-dividend date of this dividend was Thursday, September 24th.

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.