Consolidated Portfolio Review Corp Purchases New Position in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Consolidated Portfolio Review Corp acquired a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 6,534 shares of the company’s stock, valued at approximately $231,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Fifth Third Bancorp boosted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 120.9% in the 2nd quarter. Fifth Third Bancorp now owns 952 shares of the company’s stock valued at $34,000 after purchasing an additional 521 shares during the period. Harbor Investment Advisory LLC lifted its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 38.8% in the first quarter. Harbor Investment Advisory LLC now owns 1,610 shares of the company’s stock valued at $54,000 after buying an additional 450 shares during the last quarter. Financial Network Wealth Advisors LLC acquired a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the first quarter valued at approximately $72,000. GAMMA Investing LLC grew its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 3,250.0% during the first quarter. GAMMA Investing LLC now owns 4,288 shares of the company’s stock worth $144,000 after acquiring an additional 4,160 shares during the last quarter. Finally, Pinnacle Bancorp Inc. grew its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 14.0% during the second quarter. Pinnacle Bancorp Inc. now owns 4,850 shares of the company’s stock worth $171,000 after acquiring an additional 595 shares during the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

Shares of First Trust SMID Cap Rising Dividend Achievers ETF stock opened at $37.97 on Friday. The firm’s fifty day simple moving average is $37.48 and its 200-day simple moving average is $35.20. First Trust SMID Cap Rising Dividend Achievers ETF has a 12 month low of $28.84 and a 12 month high of $40.60. The stock has a market capitalization of $8.80 billion, a price-to-earnings ratio of 14.54 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were paid a $0.095 dividend. The ex-dividend date was Thursday, September 25th. This represents a $0.38 dividend on an annualized basis and a yield of 1.0%.

First Trust SMID Cap Rising Dividend Achievers 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.