Wealth Enhancement Advisory Services LLC Has $20.62 Million Stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Wealth Enhancement Advisory Services LLC raised its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 6.2% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 566,668 shares of the company’s stock after purchasing an additional 32,983 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $20,615,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Hazlett Burt & Watson Inc. bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 2nd quarter worth approximately $28,000. Mather Group LLC. bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 2nd quarter worth approximately $35,000. EverSource Wealth Advisors LLC bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 1st quarter worth approximately $34,000. ORG Partners LLC bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 3rd quarter worth approximately $73,000. Finally, Industrial Alliance Investment Management Inc. bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 1st quarter worth approximately $93,000.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Down 1.0 %

First Trust SMID Cap Rising Dividend Archievers ETF stock opened at $35.90 on Monday. First Trust SMID Cap Rising Dividend Archievers ETF has a 52 week low of $26.40 and a 52 week high of $37.55. The company’s 50 day moving average price is $35.79 and its two-hundred day moving average price is $34.58. The stock has a market cap of $6.23 billion, a P/E ratio of 8.30 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a $0.1383 dividend. The ex-dividend date was Thursday, September 26th. This represents a $0.55 dividend on an annualized basis and a dividend yield of 1.54%.

About First Trust SMID Cap Rising Dividend Archievers 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.