MGO One Seven LLC Acquires 36,541 Shares of First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

MGO One Seven LLC boosted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 85.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 79,309 shares of the company’s stock after purchasing an additional 36,541 shares during the quarter. MGO One Seven LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $3,039,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Focus Partners Wealth lifted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 41.2% during the 1st quarter. Focus Partners Wealth now owns 43,712 shares of the company’s stock worth $1,464,000 after buying an additional 12,748 shares during the last quarter. Creative Planning grew its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 31.9% in the 2nd quarter. Creative Planning now owns 9,390 shares of the company’s stock valued at $331,000 after buying an additional 2,270 shares during the last quarter. Brown Advisory Inc. raised its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 4.6% in the 2nd quarter. Brown Advisory Inc. now owns 14,098 shares of the company’s stock valued at $497,000 after acquiring an additional 621 shares during the period. Cerity Partners LLC bought a new position in First Trust SMID Cap Rising Dividend Achievers ETF in the 2nd quarter valued at about $1,897,000. Finally, Qube Research & Technologies Ltd lifted its position in First Trust SMID Cap Rising Dividend Achievers ETF by 189.9% during the second quarter. Qube Research & Technologies Ltd now owns 368,711 shares of the company’s stock worth $13,008,000 after acquiring an additional 241,547 shares during the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Up 0.1%

Shares of NASDAQ:SDVY opened at $41.84 on Friday. First Trust SMID Cap Rising Dividend Achievers ETF has a 12-month low of $33.54 and a 12-month high of $42.89. The business has a 50 day moving average of $40.85 and a 200-day moving average of $39.84. The stock has a market cap of $10.83 billion, a PE ratio of 14.54 and a beta of 1.04.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were paid a $0.0976 dividend. The ex-dividend date was Thursday, March 26th. This represents a $0.39 annualized dividend and a yield of 0.9%.

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.