Kestra Investment Management LLC Buys New Holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Kestra Investment Management LLC purchased a new position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,225 shares of the company’s stock, valued at approximately $116,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Avidian Wealth Enterprises LLC lifted its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 2.0% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 15,054 shares of the company’s stock worth $548,000 after purchasing an additional 295 shares in the last quarter. DHK Financial Advisors Inc. raised its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 0.5% during the fourth quarter. DHK Financial Advisors Inc. now owns 58,897 shares of the company’s stock worth $2,111,000 after buying an additional 297 shares during the last quarter. Legacy Capital Group California Inc. lifted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 0.8% in the third quarter. Legacy Capital Group California Inc. now owns 45,225 shares of the company’s stock valued at $1,645,000 after buying an additional 343 shares in the last quarter. tru Independence LLC grew its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 1.2% during the fourth quarter. tru Independence LLC now owns 31,039 shares of the company’s stock valued at $1,113,000 after buying an additional 362 shares during the last quarter. Finally, Second Half Financial Partners LLC increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 3.9% during the third quarter. Second Half Financial Partners LLC now owns 9,740 shares of the company’s stock worth $354,000 after acquiring an additional 365 shares in the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

SDVY opened at $36.63 on Friday. The firm has a market capitalization of $8.16 billion, a PE ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a fifty-two week low of $32.05 and a fifty-two week high of $40.60. The company’s 50-day moving average is $36.75 and its 200 day moving average is $36.61.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued 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.