Titleist Asset Management LLC Has $2.99 Million Stock Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Titleist Asset Management LLC boosted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 1.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 83,300 shares of the company’s stock after buying an additional 1,445 shares during the quarter. Titleist Asset Management LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $2,986,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. DHK Financial Advisors Inc. raised its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 0.5% in the 4th quarter. DHK Financial Advisors Inc. now owns 58,897 shares of the company’s stock valued at $2,111,000 after purchasing an additional 297 shares during the period. tru Independence LLC raised its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 1.2% in the fourth quarter. tru Independence LLC now owns 31,039 shares of the company’s stock valued at $1,113,000 after buying an additional 362 shares during the period. Pineridge Advisors LLC boosted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 138.9% during the 4th quarter. Pineridge Advisors LLC now owns 762 shares of the company’s stock worth $27,000 after acquiring an additional 443 shares during the period. Capital Investment Counsel LLC boosted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 0.3% during the 4th quarter. Capital Investment Counsel LLC now owns 212,062 shares of the company’s stock worth $7,602,000 after acquiring an additional 549 shares during the period. Finally, Clear Creek Financial Management LLC increased its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 5.3% during the 4th quarter. Clear Creek Financial Management LLC now owns 11,419 shares of the company’s stock worth $409,000 after acquiring an additional 574 shares during the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

Shares of First Trust SMID Cap Rising Dividend Archievers ETF stock opened at $30.31 on Friday. The business has a fifty day simple moving average of $35.11 and a two-hundred day simple moving average of $36.46. First Trust SMID Cap Rising Dividend Archievers ETF has a 1 year low of $29.67 and a 1 year high of $40.60. The company has a market capitalization of $7.07 billion, a price-to-earnings ratio of 13.43 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid a dividend of $0.1576 per share. This represents a $0.63 dividend on an annualized basis and a dividend yield of 2.08%. The ex-dividend date was Thursday, March 27th. This is a boost from First Trust SMID Cap Rising Dividend Archievers ETF’s previous quarterly dividend of $0.14.

First Trust SMID Cap Rising Dividend Archievers 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.