Meridian Wealth Management LLC Has $2.51 Million Stock Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Meridian Wealth Management LLC lifted its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 77.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 69,889 shares of the company’s stock after acquiring an additional 30,553 shares during the period. Meridian Wealth Management LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $2,506,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. US Bancorp DE lifted its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 75.3% in the third quarter. US Bancorp DE now owns 102,775 shares of the company’s stock valued at $3,739,000 after purchasing an additional 44,160 shares in the last quarter. Stephens Inc. AR increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 32.7% during the third quarter. Stephens Inc. AR now owns 19,601 shares of the company’s stock valued at $713,000 after acquiring an additional 4,827 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 265.8% during the third quarter. Farther Finance Advisors LLC now owns 35,484 shares of the company’s stock worth $1,291,000 after acquiring an additional 25,784 shares during the period. Clear Creek Financial Management LLC purchased a new position in First Trust SMID Cap Rising Dividend Archievers ETF in the third quarter worth $395,000. Finally, Janney Montgomery Scott LLC grew its position in First Trust SMID Cap Rising Dividend Archievers ETF by 45.9% during the third quarter. Janney Montgomery Scott LLC now owns 485,885 shares of the company’s stock valued at $17,677,000 after buying an additional 152,968 shares during the period.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Down 2.7 %

Shares of SDVY stock opened at $34.53 on Tuesday. The firm has a market cap of $7.70 billion, a P/E ratio of 12.91 and a beta of 1.18. The company has a 50 day moving average of $36.59 and a 200-day moving average of $36.73. First Trust SMID Cap Rising Dividend Archievers ETF has a 12-month low of $32.22 and a 12-month high of $40.60.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a dividend of $0.1821 per share. The ex-dividend date was Friday, December 13th.

First Trust SMID Cap Rising Dividend Archievers ETF Company 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.