Crumly & Associates Inc. Makes New Investment in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Crumly & Associates Inc. purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 21,571 shares of the company’s stock, valued at approximately $707,000.

Several other hedge funds also recently modified their holdings of the company. B. Riley Wealth Advisors Inc. grew its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 4.9% during the third quarter. B. Riley Wealth Advisors Inc. now owns 19,338 shares of the company’s stock worth $546,000 after acquiring an additional 903 shares during the period. Raymond James & Associates grew its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 29.7% in the 4th quarter. Raymond James & Associates now owns 2,579,613 shares of the company’s stock worth $84,534,000 after purchasing an additional 590,680 shares during the last quarter. Silver Oak Securities Incorporated raised its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 446.6% in the 3rd quarter. Silver Oak Securities Incorporated now owns 41,632 shares of the company’s stock worth $1,175,000 after purchasing an additional 34,016 shares in the last quarter. Lincoln National Corp lifted its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 7.3% during the third quarter. Lincoln National Corp now owns 12,746 shares of the company’s stock valued at $360,000 after purchasing an additional 868 shares during the last quarter. Finally, Walkner Condon Financial Advisors LLC boosted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 41.9% during the fourth quarter. Walkner Condon Financial Advisors LLC now owns 24,293 shares of the company’s stock worth $796,000 after buying an additional 7,173 shares in the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Down 1.3 %

First Trust SMID Cap Rising Dividend Archievers ETF stock traded down $0.44 during mid-day trading on Friday, hitting $33.10. The company’s stock had a trading volume of 612,902 shares, compared to its average volume of 1,132,623. First Trust SMID Cap Rising Dividend Archievers ETF has a twelve month low of $24.70 and a twelve month high of $34.96. The stock’s fifty day moving average price is $33.23 and its two-hundred day moving average price is $31.09. The stock has a market capitalization of $3.90 billion, a P/E ratio of 7.92 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were issued a $0.1032 dividend. This represents a $0.41 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date was Thursday, March 21st.

First Trust SMID Cap Rising Dividend Archievers ETF Company 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.