Convergence Financial LLC Sells 451 Shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Convergence Financial LLC cut its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 2.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,904 shares of the company’s stock after selling 451 shares during the period. Convergence Financial LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $642,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of SDVY. Farmers & Merchants Investments Inc. purchased a new stake in First Trust SMID Cap Rising Dividend Archievers ETF during the 4th quarter valued at $26,000. National Bank of Canada FI acquired a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the third quarter worth $27,000. Grove Bank & Trust acquired a new stake in First Trust SMID Cap Rising Dividend Archievers ETF in the 4th quarter worth approximately $27,000. Pineridge Advisors LLC grew its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 138.9% during the 4th quarter. Pineridge Advisors LLC now owns 762 shares of the company’s stock valued at $27,000 after purchasing an additional 443 shares during the last quarter. Finally, FSC Wealth Advisors LLC purchased a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter worth $29,000.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Performance

SDVY stock opened at $35.50 on Thursday. The firm’s fifty day moving average is $36.63 and its 200 day moving average is $36.69. First Trust SMID Cap Rising Dividend Archievers ETF has a one year low of $32.22 and a one year high of $40.60. The firm has a market cap of $7.91 billion, a PE ratio of 12.91 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a dividend of $0.1821 per share. The ex-dividend date of this dividend was Friday, December 13th.

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.