Csenge Advisory Group Purchases 85,702 Shares of First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Csenge Advisory Group raised its position in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 210.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 126,417 shares of the company’s stock after buying an additional 85,702 shares during the quarter. Csenge Advisory Group’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $4,844,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Bank of Jackson Hole Trust purchased a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the third quarter valued at $25,000. Eagle Bay Advisors LLC bought a new position in First Trust SMID Cap Rising Dividend Achievers ETF in the fourth quarter valued at $25,000. Oakworth Capital Inc. bought a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the 4th quarter valued at about $25,000. Trust Co. of Vermont bought a new position in First Trust SMID Cap Rising Dividend Achievers ETF during the fourth quarter valued at approximately $27,000. Finally, EQ Wealth Advisors LLC bought a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the 4th quarter valued at $30,000.

First Trust SMID Cap Rising Dividend Achievers ETF Trading Up 0.7%

SDVY opened at $41.07 on Tuesday. The business’s 50-day moving average price is $40.77 and its 200-day moving average price is $40.02. The company has a market cap of $10.63 billion, a P/E ratio of 14.54 and a beta of 1.04. First Trust SMID Cap Rising Dividend Achievers ETF has a 12 month low of $33.54 and a 12 month high of $42.89.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were issued a $0.0976 dividend. The ex-dividend date was Thursday, March 26th. This represents a $0.39 annualized dividend and a dividend 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.