First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Shares Sold by Ergawealth Advisors Inc.

Ergawealth Advisors Inc. lessened its holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 3.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 301,750 shares of the company’s stock after selling 10,777 shares during the quarter. First Trust SMID Cap Rising Dividend Archievers ETF makes up about 5.3% of Ergawealth Advisors Inc.’s holdings, making the stock its 6th largest position. Ergawealth Advisors Inc. owned 0.14% of First Trust SMID Cap Rising Dividend Archievers ETF worth $10,818,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SDVY. Financial Advocates Investment Management increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 16.5% during the third quarter. Financial Advocates Investment Management now owns 130,486 shares of the company’s stock worth $4,747,000 after purchasing an additional 18,503 shares in the last quarter. US Bancorp DE increased its position in First Trust SMID Cap Rising Dividend Archievers ETF by 75.3% during the third quarter. US Bancorp DE now owns 102,775 shares of the company’s stock worth $3,739,000 after buying an additional 44,160 shares during the period. Summit Wealth Partners LLC lifted its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 18.7% in the third quarter. Summit Wealth Partners LLC now owns 73,470 shares of the company’s stock valued at $2,673,000 after buying an additional 11,551 shares during the last quarter. Stephens Inc. AR lifted its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 32.7% in the third quarter. Stephens Inc. AR now owns 19,601 shares of the company’s stock valued at $713,000 after buying an additional 4,827 shares during the last quarter. Finally, Focus Financial Network Inc. acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the third quarter valued at approximately $5,781,000.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

NASDAQ:SDVY opened at $35.20 on Friday. 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 firm’s fifty day moving average price is $36.62 and its 200 day moving average price is $36.68. The firm has a market cap of $7.84 billion, a price-to-earnings ratio of 12.91 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a dividend of $0.1821 per share. The ex-dividend date 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.