Arkadios Wealth Advisors Purchases 40,095 Shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Arkadios Wealth Advisors boosted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 29.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 177,289 shares of the company’s stock after buying an additional 40,095 shares during the period. Arkadios Wealth Advisors’ holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $6,356,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Bank of New York Mellon Corp boosted its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 33.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 11,546 shares of the company’s stock valued at $385,000 after acquiring an additional 2,919 shares during the last quarter. Renaissance Technologies LLC lifted its position in First Trust SMID Cap Rising Dividend Archievers ETF by 11.3% during the second quarter. Renaissance Technologies LLC now owns 67,000 shares of the company’s stock valued at $2,236,000 after purchasing an additional 6,800 shares during the period. WCG Wealth Advisors LLC lifted its position in First Trust SMID Cap Rising Dividend Archievers ETF by 29.7% during the second quarter. WCG Wealth Advisors LLC now owns 21,277 shares of the company’s stock valued at $710,000 after purchasing an additional 4,871 shares during the period. AE Wealth Management LLC boosted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 9.1% in the second quarter. AE Wealth Management LLC now owns 45,052 shares of the company’s stock worth $1,504,000 after purchasing an additional 3,774 shares during the last quarter. Finally, Thrivent Financial for Lutherans grew its position in First Trust SMID Cap Rising Dividend Archievers ETF by 1.2% in the 2nd quarter. Thrivent Financial for Lutherans now owns 36,085 shares of the company’s stock worth $1,205,000 after purchasing an additional 417 shares during the period.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

NASDAQ SDVY opened at $37.50 on Friday. The stock has a market capitalization of $8.09 billion, a price-to-earnings ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a 1-year low of $31.16 and a 1-year high of $40.60. The business’s fifty day moving average price is $37.61 and its 200-day moving average price is $36.21.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a $0.1821 dividend. The ex-dividend date was Friday, December 13th.

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.