GW Henssler & Associates Ltd. Makes New Investment in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

GW Henssler & Associates Ltd. purchased a new position in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 510,473 shares of the company’s stock, valued at approximately $19,561,000.

Several other hedge funds have also added to or reduced their stakes in the business. TD Waterhouse Canada Inc. lifted its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 1.7% in the fourth quarter. TD Waterhouse Canada Inc. now owns 15,085 shares of the company’s stock worth $578,000 after purchasing an additional 251 shares during the last quarter. Keystone Financial Services LLC lifted its stake in 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 purchasing an additional 252 shares during the last quarter. Insight Inv LLC lifted its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 2.0% in the fourth quarter. Insight Inv LLC now owns 13,770 shares of the company’s stock worth $528,000 after purchasing an additional 270 shares during the last quarter. Fortis Group Advisors LLC lifted its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 3.3% in the fourth quarter. Fortis Group Advisors LLC now owns 8,422 shares of the company’s stock worth $340,000 after purchasing an additional 272 shares during the last quarter. Finally, Marino Stram & Associates LLC lifted its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 4.0% in the fourth quarter. Marino Stram & Associates LLC now owns 7,306 shares of the company’s stock worth $280,000 after purchasing an additional 284 shares during the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Trading Down 0.5%

Shares of NASDAQ:SDVY opened at $41.05 on Tuesday. The company has a market cap of $10.63 billion, a price-to-earnings ratio of 14.54 and a beta of 1.04. The company has a 50-day moving average price of $41.10 and a 200-day moving average price of $40.29. First Trust SMID Cap Rising Dividend Achievers ETF has a 12 month low of $33.89 and a 12 month high of $42.89.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were paid a dividend of $0.0976 per share. This represents a $0.39 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend was Thursday, March 26th.

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.