OakTrust Wealth Advisors LLC Takes Position in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

OakTrust Wealth Advisors LLC bought a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 61,940 shares of the company’s stock, valued at approximately $2,374,000. First Trust SMID Cap Rising Dividend Achievers ETF comprises about 2.2% of OakTrust Wealth Advisors LLC’s portfolio, making the stock its 15th biggest holding.

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

First Trust SMID Cap Rising Dividend Achievers ETF Stock Performance

NASDAQ SDVY opened at $42.22 on Friday. The firm has a 50-day moving average of $41.71 and a 200-day moving average of $40.68. The stock has a market cap of $10.93 billion, a PE ratio of 14.54 and a beta of 1.01. First Trust SMID Cap Rising Dividend Achievers ETF has a 52-week low of $34.21 and a 52-week high of $42.90.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The business 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 dividend on an annualized basis 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.