First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Shares Purchased by Main Street Financial Solutions LLC

Main Street Financial Solutions LLC boosted its holdings in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 246.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 110,789 shares of the company’s stock after acquiring an additional 78,784 shares during the period. Main Street Financial Solutions LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $4,245,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in SDVY. Eagle Bay Advisors LLC acquired a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter valued at about $25,000. Oakworth Capital Inc. purchased a new position in First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter valued at about $25,000. Trust Co. of Vermont purchased a new position in First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter valued at about $27,000. Smartleaf Asset Management LLC purchased a new position in First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter valued at about $28,000. Finally, EQ Wealth Advisors LLC purchased a new position in First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter valued at about $30,000.

First Trust SMID Cap Rising Dividend Achievers ETF Trading Down 1.2%

NASDAQ:SDVY opened at $41.97 on Thursday. The firm has a market cap of $10.86 billion, a price-to-earnings ratio of 14.54 and a beta of 1.01. The company’s 50-day moving average is $41.66 and its two-hundred day moving average is $40.65. First Trust SMID Cap Rising Dividend Achievers ETF has a 12-month low of $34.21 and a 12-month high of $42.90.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

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

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.