Gaddis Premier Wealth Advisors LLC Purchases New Shares in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Gaddis Premier Wealth Advisors LLC purchased a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) during the fourth quarter, Holdings Channel.com reports. The fund purchased 149,251 shares of the company’s stock, valued at approximately $5,719,000. First Trust SMID Cap Rising Dividend Achievers ETF accounts for approximately 4.3% of Gaddis Premier Wealth Advisors LLC’s portfolio, making the stock its 8th largest position.

A number of other large investors have also added to or reduced their stakes in SDVY. LPL Financial LLC increased its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 4.8% in the fourth quarter. LPL Financial LLC now owns 24,892,169 shares of the company’s stock worth $953,868,000 after purchasing an additional 1,135,800 shares in the last quarter. Raymond James Financial Inc. boosted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 6.9% in the third quarter. Raymond James Financial Inc. now owns 12,844,014 shares of the company’s stock valued at $488,323,000 after acquiring an additional 825,345 shares during the period. Axxcess Wealth Management LLC boosted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 4,508.1% in the fourth quarter. Axxcess Wealth Management LLC now owns 806,331 shares of the company’s stock valued at $30,899,000 after acquiring an additional 788,833 shares during the period. Bank of America Corp DE lifted its position in First Trust SMID Cap Rising Dividend Achievers ETF by 8.3% during the third quarter. Bank of America Corp DE now owns 7,982,389 shares of the company’s stock valued at $303,486,000 after purchasing an additional 614,123 shares during the last quarter. Finally, JSF Financial LLC bought a new stake in First Trust SMID Cap Rising Dividend Achievers ETF during the fourth quarter valued at approximately $22,029,000.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

Shares of First Trust SMID Cap Rising Dividend Achievers ETF stock opened at $41.38 on Tuesday. The firm has a market cap of $10.71 billion, a PE ratio of 14.54 and a beta of 1.01. First Trust SMID Cap Rising Dividend Achievers ETF has a 1 year low of $34.19 and a 1 year high of $42.89. The company has a 50 day simple moving average of $41.30 and a two-hundred day simple moving average of $40.43.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were given a dividend of $0.0976 per share. This represents a $0.39 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Thursday, March 26th.

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.