First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Stock Holdings Raised by LCW Services LLC

LCW Services LLC lifted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 5.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 229,333 shares of the company’s stock after acquiring an additional 12,269 shares during the period. First Trust SMID Cap Rising Dividend Achievers ETF makes up approximately 3.9% of LCW Services LLC’s portfolio, making the stock its 7th largest position. LCW Services LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $9,306,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the company. Grantvest Financial Group LLC boosted its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 1.2% during the 3rd quarter. Grantvest Financial Group LLC now owns 46,966 shares of the company’s stock valued at $1,906,000 after purchasing an additional 551 shares during the last quarter. Arvest Investments Inc. increased its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 5.7% in the 3rd quarter. Arvest Investments Inc. now owns 232,641 shares of the company’s stock worth $9,441,000 after purchasing an additional 12,640 shares in the last quarter. Pinnacle Associates Ltd. increased its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 5.1% in the 3rd quarter. Pinnacle Associates Ltd. now owns 321,947 shares of the company’s stock worth $13,065,000 after purchasing an additional 15,502 shares in the last quarter. Wagner Wealth Management Corp increased its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 9.5% in the 3rd quarter. Wagner Wealth Management Corp now owns 39,174 shares of the company’s stock worth $1,590,000 after purchasing an additional 3,404 shares in the last quarter. Finally, Randall & Associates Wealth Management raised its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 1.5% in the third quarter. Randall & Associates Wealth Management now owns 360,304 shares of the company’s stock worth $14,621,000 after purchasing an additional 5,346 shares during the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

SDVY stock opened at $42.02 on Thursday. The stock has a market capitalization of $11.09 billion, a P/E ratio of 14.54 and a beta of 1.01. First Trust SMID Cap Rising Dividend Achievers ETF has a 1-year low of $36.40 and a 1-year high of $45.11. The business has a fifty day moving average price of $42.39 and a 200-day moving average price of $42.38.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were given a dividend of $0.1002 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.0%. This is a boost from First Trust SMID Cap Rising Dividend Achievers ETF’s previous quarterly dividend of $0.0901. The ex-dividend date of this dividend was Thursday, September 24th.

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.