Simplicity Wealth LLC Raises Holdings in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Simplicity Wealth LLC grew its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 68.1% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 144,108 shares of the company’s stock after buying an additional 58,378 shares during the period. Simplicity Wealth LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $5,682,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of SDVY. Eagle Bay Advisors LLC acquired a new position in First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter valued at $25,000. Oakworth Capital Inc. acquired a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the 4th quarter worth $25,000. Trust Co. of Vermont acquired a new stake in First Trust SMID Cap Rising Dividend Achievers ETF during the fourth quarter worth about $27,000. Smartleaf Asset Management LLC acquired a new stake in First Trust SMID Cap Rising Dividend Achievers ETF during the fourth quarter worth about $28,000. Finally, EQ Wealth Advisors LLC purchased a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter worth about $30,000.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Up 0.4%

Shares of NASDAQ SDVY traded up $0.19 during midday trading on Friday, hitting $42.99. The stock had a trading volume of 912,275 shares, compared to its average volume of 1,485,484. The company has a market capitalization of $11.33 billion, a price-to-earnings ratio of 14.54 and a beta of 1.01. First Trust SMID Cap Rising Dividend Achievers ETF has a 1-year low of $35.03 and a 1-year high of $43.63. The company has a fifty day moving average price of $42.02 and a 200 day moving average price of $41.13.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were paid a dividend of $0.0901 per share. This represents a $0.36 annualized dividend and a yield of 0.8%. The ex-dividend date was Thursday, June 25th.

First Trust SMID Cap Rising Dividend Achievers ETF Profile

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.