Walkner Condon Financial Advisors LLC Boosts Stock Holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Walkner Condon Financial Advisors LLC raised its holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 10.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 30,365 shares of the company’s stock after purchasing an additional 2,942 shares during the quarter. Walkner Condon Financial Advisors LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $1,105,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the business. Avidian Wealth Enterprises LLC lifted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 2.0% in the third quarter. Avidian Wealth Enterprises LLC now owns 15,054 shares of the company’s stock valued at $548,000 after purchasing an additional 295 shares during the period. Legacy Capital Group California Inc. boosted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 0.8% during the 3rd quarter. Legacy Capital Group California Inc. now owns 45,225 shares of the company’s stock worth $1,645,000 after acquiring an additional 343 shares in the last quarter. CX Institutional increased its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 0.4% in the 3rd quarter. CX Institutional now owns 94,576 shares of the company’s stock valued at $3,441,000 after purchasing an additional 383 shares in the last quarter. Thrivent Financial for Lutherans lifted its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 1.2% in the second quarter. Thrivent Financial for Lutherans now owns 36,085 shares of the company’s stock valued at $1,205,000 after purchasing an additional 417 shares in the last quarter. Finally, World Equity Group Inc. raised its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 0.4% in the second quarter. World Equity Group Inc. now owns 108,498 shares of the company’s stock worth $3,622,000 after acquiring an additional 423 shares during the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Up 6.7 %

SDVY opened at $39.01 on Thursday. The firm has a market cap of $6.83 billion, a P/E ratio of 8.30 and a beta of 1.18. The business’s fifty day simple moving average is $36.00 and its 200 day simple moving average is $34.79. First Trust SMID Cap Rising Dividend Archievers ETF has a 52 week low of $27.26 and a 52 week high of $39.03.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a dividend of $0.1383 per share. The ex-dividend date was Thursday, September 26th. This represents a $0.55 dividend on an annualized basis and a yield of 1.42%.

About First Trust SMID Cap Rising Dividend Archievers ETF

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.