Altus Wealth Group LLC Trims Holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Altus Wealth Group LLC lowered its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 42.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 33,358 shares of the company’s stock after selling 24,895 shares during the period. Altus Wealth Group LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $1,196,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Farmers & Merchants Investments Inc. acquired a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 4th quarter valued at about $26,000. National Bank of Canada FI acquired a new position in First Trust SMID Cap Rising Dividend Archievers ETF in the 3rd quarter valued at about $27,000. Grove Bank & Trust acquired a new position in First Trust SMID Cap Rising Dividend Archievers ETF in the 4th quarter valued at about $27,000. Pineridge Advisors LLC grew its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 138.9% in the 4th 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 period. Finally, FSC Wealth Advisors LLC acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 4th quarter worth approximately $29,000.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Performance

SDVY opened at $33.30 on Friday. The stock has a market capitalization of $7.42 billion, a PE ratio of 13.44 and a beta of 1.18. 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 business’s 50 day moving average price is $36.14 and its 200 day moving average price is $36.61.

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.