Wealth Enhancement Advisory Services LLC Boosts Stock Holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Wealth Enhancement Advisory Services LLC boosted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 10.3% during the first quarter, HoldingsChannel.com reports. The firm owned 518,530 shares of the company’s stock after acquiring an additional 48,352 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $18,055,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of SDVY. Wells Fargo & Company MN increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 81.4% in the fourth quarter. Wells Fargo & Company MN now owns 4,477,768 shares of the company’s stock worth $146,736,000 after acquiring an additional 2,009,597 shares in the last quarter. Raymond James & Associates increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 29.7% in the fourth quarter. Raymond James & Associates now owns 2,579,613 shares of the company’s stock worth $84,534,000 after acquiring an additional 590,680 shares in the last quarter. Truist Financial Corp increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 260.8% in the third quarter. Truist Financial Corp now owns 2,167,156 shares of the company’s stock worth $61,179,000 after acquiring an additional 1,566,457 shares in the last quarter. UBS Group AG increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 45.1% in the fourth quarter. UBS Group AG now owns 1,705,975 shares of the company’s stock worth $55,905,000 after acquiring an additional 530,102 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 34.0% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 1,576,591 shares of the company’s stock worth $51,665,000 after acquiring an additional 399,680 shares in the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Down 0.4 %

First Trust SMID Cap Rising Dividend Archievers ETF stock opened at $33.02 on Friday. First Trust SMID Cap Rising Dividend Archievers ETF has a 52-week low of $26.40 and a 52-week high of $34.97. The firm has a fifty day moving average of $33.71 and a 200-day moving average of $33.10. The firm has a market capitalization of $4.01 billion, a P/E ratio of 8.30 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Thursday, June 27th will be given a $0.1503 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.82%. The ex-dividend date is Thursday, June 27th.

About First Trust SMID Cap Rising Dividend Archievers 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.