Liberty Wealth Management LLC Takes $526,000 Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Liberty Wealth Management LLC purchased a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 15,759 shares of the company’s stock, valued at approximately $526,000.

Other institutional investors have also recently bought and sold shares of the company. ORBA Wealth Advisors L.L.C. bought a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the fourth quarter valued at approximately $933,000. Osaic Holdings Inc. increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 7.6% in the first quarter. Osaic Holdings Inc. now owns 1,769,500 shares of the company’s stock worth $61,619,000 after purchasing an additional 125,091 shares during the period. Financial Advocates Investment Management raised its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 8.7% in the fourth quarter. Financial Advocates Investment Management now owns 97,863 shares of the company’s stock valued at $3,207,000 after purchasing an additional 7,804 shares in the last quarter. B. Riley Wealth Advisors Inc. lifted its position in First Trust SMID Cap Rising Dividend Archievers ETF by 76.0% during the fourth quarter. B. Riley Wealth Advisors Inc. now owns 34,027 shares of the company’s stock worth $1,115,000 after purchasing an additional 14,689 shares during the period. Finally, Leo Wealth LLC bought a new stake in First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter worth about $1,562,000.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Up 0.5 %

SDVY stock opened at $34.19 on Tuesday. The company’s 50-day moving average price is $34.73 and its two-hundred day moving average price is $34.00. First Trust SMID Cap Rising Dividend Archievers ETF has a 12 month low of $26.40 and a 12 month high of $37.25. The firm has a market cap of $5.13 billion, a P/E ratio of 8.30 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were paid a dividend of $0.1503 per share. This represents a $0.60 annualized dividend and a yield of 1.76%. The ex-dividend date was 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.