First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Stock: Csenge Advisory Group Raises Stake

Csenge Advisory Group raised its position in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 9.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 712,846 shares of the company’s stock after purchasing an additional 62,481 shares during the quarter. First Trust SMID Cap Rising Dividend Achievers ETF accounts for approximately 1.1% of Csenge Advisory Group’s holdings, making the stock its 16th biggest holding. Csenge Advisory Group’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $28,927,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SDVY. Parallel Advisors LLC lifted its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 3.3% in the third quarter. Parallel Advisors LLC now owns 24,484 shares of the company’s stock worth $994,000 after purchasing an additional 790 shares during the last quarter. United Advisor Group LLC boosted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 1.2% during the third quarter. United Advisor Group LLC now owns 90,236 shares of the company’s stock valued at $3,662,000 after buying an additional 1,112 shares during the period. Ashton Thomas Private Wealth LLC boosted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 8.0% during the third quarter. Ashton Thomas Private Wealth LLC now owns 171,201 shares of the company’s stock valued at $6,947,000 after buying an additional 12,712 shares during the period. International Assets Investment Management LLC grew its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 2.6% during the third quarter. International Assets Investment Management LLC now owns 55,137 shares of the company’s stock valued at $2,259,000 after buying an additional 1,406 shares during the last quarter. Finally, Genesis Private Wealth LLC grew its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 3.9% during the third quarter. Genesis Private Wealth LLC now owns 98,439 shares of the company’s stock valued at $3,995,000 after buying an additional 3,685 shares during the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Performance

Shares of NASDAQ SDVY opened at $42.93 on Wednesday. The business’s 50 day moving average price is $41.95 and its 200-day moving average price is $41.99. First Trust SMID Cap Rising Dividend Achievers ETF has a fifty-two week low of $36.40 and a fifty-two week high of $45.11. The company has a market cap of $11.33 billion, a price-to-earnings ratio of 15.63 and a beta of 1.03.

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 issued a dividend of $0.1002 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Thursday, September 24th. This is an increase from First Trust SMID Cap Rising Dividend Achievers ETF’s previous quarterly dividend of $0.0901.

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.