15,761 Shares in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Bought by Goodman Financial Corp

Goodman Financial Corp acquired a new stake in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) during the 1st quarter, Holdings Channel reports. The fund acquired 15,761 shares of the company’s stock, valued at approximately $621,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. TD Waterhouse Canada Inc. increased its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 1.7% during the 4th quarter. TD Waterhouse Canada Inc. now owns 15,085 shares of the company’s stock worth $578,000 after purchasing an additional 251 shares in the last quarter. Keystone Financial Services LLC raised its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 1.3% in the 4th quarter. Keystone Financial Services LLC now owns 19,815 shares of the company’s stock valued at $759,000 after purchasing an additional 252 shares during the period. Allie Family Office LLC lifted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 2.3% in the fourth quarter. Allie Family Office LLC now owns 11,545 shares of the company’s stock valued at $442,000 after purchasing an additional 264 shares in the last quarter. Arbor Capital Management Inc. ADV lifted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 2.2% in the first quarter. Arbor Capital Management Inc. ADV now owns 12,440 shares of the company’s stock valued at $515,000 after purchasing an additional 267 shares in the last quarter. Finally, Insight Inv LLC boosted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 2.0% during the fourth quarter. Insight Inv LLC now owns 13,770 shares of the company’s stock worth $528,000 after buying an additional 270 shares during the period.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Performance

NASDAQ:SDVY opened at $43.71 on Friday. The company has a market cap of $11.54 billion, a PE ratio of 14.54 and a beta of 1.01. First Trust SMID Cap Rising Dividend Achievers ETF has a 52-week low of $35.03 and a 52-week high of $43.71. The stock has a 50-day simple moving average of $42.09 and a 200 day simple moving average of $41.25.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were paid a $0.0901 dividend. The ex-dividend date was Thursday, June 25th. This represents a $0.36 annualized dividend and a yield of 0.8%.

About First Trust SMID Cap Rising Dividend Achievers ETF

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.