Silver Oak Securities Incorporated Grows Stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Silver Oak Securities Incorporated boosted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 5.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 55,228 shares of the company’s stock after buying an additional 2,830 shares during the period. Silver Oak Securities Incorporated’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $1,973,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in SDVY. Assetmark Inc. boosted its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 105.2% during the 3rd quarter. Assetmark Inc. now owns 3,211 shares of the company’s stock worth $117,000 after purchasing an additional 1,646 shares during the last quarter. Thrivent Financial for Lutherans increased its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 1.3% during the 3rd quarter. Thrivent Financial for Lutherans now owns 36,550 shares of the company’s stock worth $1,330,000 after buying an additional 465 shares during the last quarter. Cherry Creek Investment Advisors Inc. lifted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 8.8% in the 3rd quarter. Cherry Creek Investment Advisors Inc. now owns 86,313 shares of the company’s stock valued at $3,140,000 after purchasing an additional 6,973 shares during the last quarter. Redhawk Wealth Advisors Inc. boosted its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 16.4% during the fourth quarter. Redhawk Wealth Advisors Inc. now owns 150,303 shares of the company’s stock worth $5,388,000 after buying an additional 21,199 shares during the period. Finally, Strong Tower Advisory Services acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the third quarter valued at about $1,102,000.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Up 0.5 %

NASDAQ:SDVY opened at $37.18 on Thursday. The stock has a market capitalization of $8.26 billion, a price-to-earnings ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a 52 week low of $31.50 and a 52 week high of $40.60. The stock’s fifty day moving average is $37.30 and its two-hundred day moving average is $36.53.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders 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.