Harbour Investments Inc. Buys 102,004 Shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Harbour Investments Inc. lifted its stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 20.4% during the fourth quarter, Holdings Channel reports. The fund owned 601,110 shares of the company’s stock after acquiring an additional 102,004 shares during the quarter. First Trust SMID Cap Rising Dividend Archievers ETF accounts for 0.6% of Harbour Investments Inc.’s holdings, making the stock its 27th largest position. Harbour Investments Inc.’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $21,550,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Farmers & Merchants Investments Inc. bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the 4th quarter valued at approximately $26,000. National Bank of Canada FI bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the 3rd quarter valued at approximately $27,000. Grove Bank & Trust bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the 4th quarter valued at approximately $27,000. Pineridge Advisors LLC raised its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 138.9% in the 4th quarter. Pineridge Advisors LLC now owns 762 shares of the company’s stock valued at $27,000 after acquiring an additional 443 shares in the last quarter. Finally, FSC Wealth Advisors LLC bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the 4th quarter valued at approximately $29,000.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Up 2.5 %

SDVY opened at $33.30 on Friday. The firm has a market capitalization of $7.42 billion, a P/E ratio of 13.44 and a beta of 1.18. The stock’s 50 day moving average price is $36.14 and its two-hundred day moving average price is $36.61. 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 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.