Fairvoy Private Wealth LLC Trims Stock Holdings in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Fairvoy Private Wealth LLC lowered its stake in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 53.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 141,150 shares of the company’s stock after selling 161,921 shares during the quarter. First Trust SMID Cap Rising Dividend Achievers ETF comprises about 1.3% of Fairvoy Private Wealth LLC’s portfolio, making the stock its 23rd biggest holding. Fairvoy Private Wealth LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $5,566,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of the stock. TD Waterhouse Canada Inc. increased its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 1.7% during the fourth quarter. TD Waterhouse Canada Inc. now owns 15,085 shares of the company’s stock valued at $578,000 after acquiring an additional 251 shares during the last quarter. Keystone Financial Services LLC raised its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 1.3% in the 4th quarter. Keystone Financial Services LLC now owns 19,815 shares of the company’s stock valued at $759,000 after acquiring an additional 252 shares during the period. Allie Family Office LLC lifted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 2.3% in the 4th quarter. Allie Family Office LLC now owns 11,545 shares of the company’s stock worth $442,000 after acquiring an additional 264 shares during the last quarter. Insight Inv LLC lifted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 2.0% in the 4th quarter. Insight Inv LLC now owns 13,770 shares of the company’s stock worth $528,000 after acquiring an additional 270 shares during the last quarter. Finally, Fortis Group Advisors LLC boosted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 3.3% during the 4th quarter. Fortis Group Advisors LLC now owns 8,422 shares of the company’s stock worth $340,000 after purchasing an additional 272 shares during the period.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Performance

First Trust SMID Cap Rising Dividend Achievers ETF stock opened at $43.02 on Friday. First Trust SMID Cap Rising Dividend Achievers ETF has a fifty-two week low of $34.79 and a fifty-two week high of $43.44. The firm has a 50 day moving average price of $41.81 and a 200 day moving average price of $40.83. The company has a market capitalization of $11.14 billion, a PE ratio of 14.54 and a beta of 1.01.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th will be given a dividend of $0.0901 per share. This represents a $0.36 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Thursday, June 25th.

About First Trust SMID Cap Rising Dividend Achievers ETF

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.