Prosperity Financial Group Inc. Lowers Stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Prosperity Financial Group Inc. decreased its position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 64.3% during the 4th quarter, Holdings Channel reports. The fund owned 12,715 shares of the company’s stock after selling 22,866 shares during the quarter. Prosperity Financial Group Inc.’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $456,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Farmers & Merchants Investments Inc. purchased a new stake in First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter worth about $26,000. National Bank of Canada FI acquired a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the third quarter worth about $27,000. Grove Bank & Trust acquired a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter worth about $27,000. Pineridge Advisors LLC raised its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 138.9% in the fourth quarter. Pineridge Advisors LLC now owns 762 shares of the company’s stock valued at $27,000 after buying an additional 443 shares during the last quarter. Finally, FSC Wealth Advisors LLC acquired a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the fourth quarter valued at approximately $29,000.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

NASDAQ:SDVY opened at $33.13 on Wednesday. The firm has a 50 day simple moving average of $36.31 and a 200-day simple moving average of $36.67. The firm has a market cap of $7.79 billion, a PE ratio of 13.44 and a beta of 1.21. First Trust SMID Cap Rising Dividend Archievers ETF has a 1-year low of $32.22 and a 1-year high of $40.60.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a $0.1821 dividend. 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.