BlueChip Wealth Advisors LLC Decreases Stock Holdings in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

BlueChip Wealth Advisors LLC lowered its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 46.3% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 36,525 shares of the company’s stock after selling 31,508 shares during the period. BlueChip Wealth Advisors LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $1,389,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Valley National Advisers Inc. lifted its position in First Trust SMID Cap Rising Dividend Achievers ETF by 0.5% during the third quarter. Valley National Advisers Inc. now owns 58,799 shares of the company’s stock valued at $2,235,000 after purchasing an additional 282 shares during the period. Purus Wealth Management LLC grew its position in First Trust SMID Cap Rising Dividend Achievers ETF by 0.5% in the 3rd quarter. Purus Wealth Management LLC now owns 52,491 shares of the company’s stock worth $1,996,000 after purchasing an additional 284 shares during the period. Moloney Securities Asset Management LLC raised its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 2.9% during the 2nd quarter. Moloney Securities Asset Management LLC now owns 10,260 shares of the company’s stock valued at $362,000 after buying an additional 291 shares during the last quarter. MinichMacGregor Wealth Management LLC raised its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 5.1% during the 3rd quarter. MinichMacGregor Wealth Management LLC now owns 6,212 shares of the company’s stock valued at $236,000 after buying an additional 302 shares during the last quarter. Finally, Partners Wealth Management LLC lifted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 1.3% during the 3rd quarter. Partners Wealth Management LLC now owns 26,508 shares of the company’s stock valued at $1,008,000 after buying an additional 334 shares during the period.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

SDVY stock opened at $42.32 on Wednesday. First Trust SMID Cap Rising Dividend Achievers ETF has a 1 year low of $28.84 and a 1 year high of $42.50. The company has a market cap of $10.61 billion, a P/E ratio of 14.54 and a beta of 1.12. The stock’s fifty day moving average price is $39.82 and its 200-day moving average price is $38.33.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were given a $0.1305 dividend. The ex-dividend date of this dividend was Friday, December 12th. This is a positive change from First Trust SMID Cap Rising Dividend Achievers ETF’s previous quarterly dividend of $0.10. This represents a $0.52 annualized dividend and a yield of 1.2%.

First Trust SMID Cap Rising Dividend Achievers ETF 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.