First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Stock Holdings Raised by Econ Financial Services Corp

Econ Financial Services Corp lifted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 34.3% in the 1st quarter, Holdings Channel.com reports. The fund owned 241,302 shares of the company’s stock after buying an additional 61,583 shares during the quarter. First Trust SMID Cap Rising Dividend Achievers ETF comprises approximately 4.4% of Econ Financial Services Corp’s investment portfolio, making the stock its 2nd largest position. Econ Financial Services Corp’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $9,515,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SDVY. TD Waterhouse Canada Inc. boosted its stake 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 valued at $578,000 after purchasing an additional 251 shares during the last quarter. Keystone Financial Services LLC grew its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 1.3% in the fourth quarter. Keystone Financial Services LLC now owns 19,815 shares of the company’s stock worth $759,000 after acquiring an additional 252 shares during the period. Allie Family Office LLC grew its stake 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 worth $442,000 after acquiring an additional 264 shares during the period. Insight Inv LLC raised its holdings 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 valued at $528,000 after purchasing an additional 270 shares during the last quarter. Finally, Fortis Group Advisors LLC raised its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 3.3% during the fourth quarter. Fortis Group Advisors LLC now owns 8,422 shares of the company’s stock valued at $340,000 after purchasing an additional 272 shares during the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Up 0.1%

Shares of First Trust SMID Cap Rising Dividend Achievers ETF stock opened at $43.08 on Friday. First Trust SMID Cap Rising Dividend Achievers ETF has a twelve month low of $35.03 and a twelve month high of $43.44. The company’s 50 day moving average is $41.84 and its 200 day moving average is $40.84. The company has a market cap of $11.15 billion, a price-to-earnings ratio of 14.54 and a beta of 1.01.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th will be issued a dividend of $0.0901 per share. This represents a $0.36 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Thursday, June 25th.

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.