First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Position Raised by Chris Bulman Inc

Chris Bulman Inc increased its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 53.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 92,083 shares of the company’s stock after acquiring an additional 32,163 shares during the period. First Trust SMID Cap Rising Dividend Achievers ETF makes up about 1.8% of Chris Bulman Inc’s investment portfolio, making the stock its 14th largest position. Chris Bulman Inc’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $3,501,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Hantz Financial Services Inc. purchased a new position in First Trust SMID Cap Rising Dividend Achievers ETF during the second quarter valued at approximately $33,000. Princeton Global Asset Management LLC acquired a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the 3rd quarter valued at about $36,000. Fifth Third Bancorp raised its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 120.9% in the 2nd quarter. Fifth Third Bancorp now owns 952 shares of the company’s stock worth $34,000 after buying an additional 521 shares in the last quarter. Atlantic Union Bankshares Corp bought a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the 2nd quarter worth approximately $34,000. Finally, Winnow Wealth LLC bought a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the 2nd quarter worth approximately $42,000.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

Shares of NASDAQ:SDVY opened at $38.76 on Wednesday. The business’s fifty day moving average price is $38.13 and its two-hundred day moving average price is $37.33. First Trust SMID Cap Rising Dividend Achievers ETF has a fifty-two week low of $28.84 and a fifty-two week high of $39.60. The stock has a market capitalization of $9.31 billion, a price-to-earnings ratio of 14.54 and a beta of 1.12.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Friday, December 12th will be given a dividend of $0.1305 per share. This is an increase from First Trust SMID Cap Rising Dividend Achievers ETF’s previous quarterly dividend of $0.10. The ex-dividend date is Friday, December 12th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.3%.

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.