Cottage Street Advisors LLC Purchases 941 Shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Cottage Street Advisors LLC raised its holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 5.1% during the fourth quarter, HoldingsChannel reports. The firm owned 19,398 shares of the company’s stock after acquiring an additional 941 shares during the quarter. Cottage Street Advisors LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $695,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of SDVY. LPL Financial LLC boosted its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 22.0% during the 4th quarter. LPL Financial LLC now owns 21,935,886 shares of the company’s stock valued at $786,401,000 after acquiring an additional 3,948,772 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter valued at about $381,301,000. Capital Investment Advisors LLC increased its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 8.2% in the fourth quarter. Capital Investment Advisors LLC now owns 3,510,050 shares of the company’s stock valued at $125,835,000 after buying an additional 267,372 shares during the period. Park National Corp OH raised its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 11.7% in the 4th quarter. Park National Corp OH now owns 2,827,593 shares of the company’s stock valued at $101,369,000 after buying an additional 296,558 shares during the last quarter. Finally, LVZ Inc. grew its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 0.7% during the 4th quarter. LVZ Inc. now owns 2,726,811 shares of the company’s stock worth $97,756,000 after acquiring an additional 17,661 shares during the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

Shares of NASDAQ:SDVY opened at $34.35 on Wednesday. First Trust SMID Cap Rising Dividend Archievers ETF has a 1 year low of $32.22 and a 1 year high of $40.60. The business’s 50-day moving average is $35.83 and its 200-day moving average is $36.55. The company has a market capitalization of $7.65 billion, a price-to-earnings ratio of 13.44 and a beta of 1.18.

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.