ERn Financial LLC Buys New Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

ERn Financial LLC purchased a new position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 7,174 shares of the company’s stock, valued at approximately $261,000.

Several other institutional investors have also added to or reduced their stakes in SDVY. B. Riley Wealth Advisors Inc. raised its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 76.0% in the 4th quarter. B. Riley Wealth Advisors Inc. now owns 34,027 shares of the company’s stock valued at $1,115,000 after purchasing an additional 14,689 shares during the last quarter. NBC Securities Inc. raised its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 46.5% in the first quarter. NBC Securities Inc. now owns 30,404 shares of the company’s stock worth $1,158,000 after buying an additional 9,647 shares during the last quarter. Inscription Capital LLC acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the first quarter worth $249,000. Aprio Wealth Management LLC grew its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 12.6% during the first quarter. Aprio Wealth Management LLC now owns 180,798 shares of the company’s stock valued at $6,295,000 after buying an additional 20,212 shares during the last quarter. Finally, RFG Advisory LLC grew its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 72.1% during the first quarter. RFG Advisory LLC now owns 90,466 shares of the company’s stock valued at $3,150,000 after buying an additional 37,901 shares during the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Performance

Shares of SDVY opened at $37.29 on Thursday. The stock has a 50-day moving average of $35.45 and a two-hundred day moving average of $34.47. First Trust SMID Cap Rising Dividend Archievers ETF has a one year low of $26.40 and a one year high of $37.46. The stock has a market cap of $6.33 billion, a P/E ratio of 8.30 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a $0.1383 dividend. This represents a $0.55 dividend on an annualized basis and a dividend yield of 1.48%. The ex-dividend date of this dividend was Thursday, September 26th.

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.