Accel Wealth Management Invests $222,000 in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Accel Wealth Management acquired a new stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 6,784 shares of the company’s stock, valued at approximately $222,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Trueblood Wealth Management LLC bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the fourth quarter valued at $1,832,000. Good Life Advisors LLC lifted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 1.6% during the fourth quarter. Good Life Advisors LLC now owns 148,100 shares of the company’s stock valued at $4,853,000 after purchasing an additional 2,261 shares in the last quarter. Hobart Private Capital LLC bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter valued at about $4,677,000. Aprio Wealth Management LLC lifted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 10.4% during the fourth quarter. Aprio Wealth Management LLC now owns 160,586 shares of the company’s stock valued at $5,262,000 after purchasing an additional 15,163 shares in the last quarter. Finally, Sanchez Wealth Management Group bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter valued at about $12,823,000.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Up 0.6 %

NASDAQ SDVY traded up $0.21 during trading hours on Thursday, reaching $34.82. 974,676 shares of the company were exchanged, compared to its average volume of 1,178,123. First Trust SMID Cap Rising Dividend Archievers ETF has a 1 year low of $24.70 and a 1 year high of $34.94. The business’s 50 day simple moving average is $32.77 and its 200-day simple moving average is $30.64. The stock has a market capitalization of $3.02 billion, a P/E ratio of 7.66 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd will be paid a $0.1032 dividend. The ex-dividend date is Thursday, March 21st. This represents a $0.41 annualized dividend and a dividend yield of 1.19%.

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.