Ashton Thomas Private Wealth LLC Increases Stake in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Ashton Thomas Private Wealth LLC lifted its position in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 67.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 142,010 shares of the company’s stock after acquiring an additional 57,189 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $5,399,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Silver Oak Securities Incorporated increased its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 54.8% in the 3rd quarter. Silver Oak Securities Incorporated now owns 87,799 shares of the company’s stock worth $3,338,000 after buying an additional 31,072 shares during the period. Commonwealth Equity Services LLC grew its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 17.1% in the 3rd quarter. Commonwealth Equity Services LLC now owns 3,384,431 shares of the company’s stock worth $128,674,000 after acquiring an additional 494,306 shares in the last quarter. Formidable Asset Management LLC grew its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 17.2% in the 3rd quarter. Formidable Asset Management LLC now owns 87,779 shares of the company’s stock worth $3,097,000 after acquiring an additional 12,862 shares in the last quarter. Precedent Wealth Partners LLC increased its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 14.3% during the third quarter. Precedent Wealth Partners LLC now owns 244,732 shares of the company’s stock worth $9,305,000 after acquiring an additional 30,683 shares during the period. Finally, D.A. Davidson & CO. raised its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 4.0% during the third quarter. D.A. Davidson & CO. now owns 669,617 shares of the company’s stock valued at $25,458,000 after acquiring an additional 25,832 shares in the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Up 1.2%

Shares of NASDAQ:SDVY opened at $41.41 on Thursday. The business’s 50 day moving average is $39.50 and its 200 day moving average is $38.15. The stock has a market cap of $10.38 billion, a P/E ratio of 14.54 and a beta of 1.12. First Trust SMID Cap Rising Dividend Achievers ETF has a 52-week low of $28.84 and a 52-week high of $41.67.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were paid a dividend of $0.1305 per share. This is an increase from First Trust SMID Cap Rising Dividend Achievers ETF’s previous quarterly dividend of $0.10. This represents a $0.52 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Friday, December 12th.

First Trust SMID Cap Rising Dividend Achievers 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.