First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Shares Acquired by Stratos Wealth Advisors LLC

Stratos Wealth Advisors LLC increased its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 11.1% during the 3rd quarter, Holdings Channel.com reports. The fund owned 286,039 shares of the company’s stock after buying an additional 28,479 shares during the period. Stratos Wealth Advisors LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $10,875,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Focus Partners Wealth lifted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 41.2% in the 1st quarter. Focus Partners Wealth now owns 43,712 shares of the company’s stock worth $1,464,000 after purchasing an additional 12,748 shares during the last quarter. CWM LLC grew its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 29.3% during the second quarter. CWM LLC now owns 357,793 shares of the company’s stock worth $12,623,000 after acquiring an additional 81,118 shares during the last quarter. MGO One Seven LLC raised its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 1.6% during the second quarter. MGO One Seven LLC now owns 52,787 shares of the company’s stock valued at $1,862,000 after buying an additional 833 shares during the last quarter. Total Clarity Wealth Management Inc. boosted its position in First Trust SMID Cap Rising Dividend Achievers ETF by 4.8% during the 2nd quarter. Total Clarity Wealth Management Inc. now owns 11,508 shares of the company’s stock worth $406,000 after acquiring an additional 522 shares during the period. Finally, Envestnet Portfolio Solutions Inc. grew its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 10.1% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 117,181 shares of the company’s stock worth $4,134,000 after purchasing an additional 10,763 shares in the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Trading Up 0.2%

Shares of NASDAQ:SDVY opened at $42.32 on Wednesday. The company has a 50 day moving average of $39.82 and a 200-day moving average of $38.33. The firm has a market cap of $10.61 billion, a P/E ratio of 14.54 and a beta of 1.12. First Trust SMID Cap Rising Dividend Achievers ETF has a twelve month low of $28.84 and a twelve month high of $42.50.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were issued a $0.1305 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Friday, December 12th. This is an increase from First Trust SMID Cap Rising Dividend Achievers ETF’s previous quarterly dividend of $0.10.

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.