Gilpin Wealth Management LLC Acquires New Stake in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Gilpin Wealth Management LLC acquired a new stake in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 13,542 shares of the company’s stock, valued at approximately $519,000.

Several other institutional investors have also bought and sold shares of the company. Eagle Bay Advisors LLC purchased a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the fourth quarter worth $25,000. Oakworth Capital Inc. bought a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the fourth quarter worth $25,000. Trust Co. of Vermont bought a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the fourth quarter worth $27,000. EQ Wealth Advisors LLC bought a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the fourth quarter worth $30,000. Finally, High Note Wealth LLC bought a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the fourth quarter worth $32,000.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

First Trust SMID Cap Rising Dividend Achievers ETF stock opened at $41.26 on Thursday. First Trust SMID Cap Rising Dividend Achievers ETF has a one year low of $34.19 and a one year high of $42.89. The business has a fifty day moving average price of $41.41 and a 200-day moving average price of $40.50. The firm has a market capitalization of $10.68 billion, a P/E ratio of 14.54 and a beta of 1.01.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were issued a $0.0976 dividend. This represents a $0.39 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend was Thursday, March 26th.

First Trust SMID Cap Rising Dividend Achievers ETF Company 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.