World Investment Advisors Takes $586,000 Position in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

World Investment Advisors bought a new position in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 15,283 shares of the company’s stock, valued at approximately $586,000.

Other hedge funds also recently made changes to their positions in the company. Advisortrust Partners LLC bought a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the 4th quarter worth $452,000. Rehmann Capital Advisory Group boosted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 5.1% during the fourth quarter. Rehmann Capital Advisory Group now owns 132,871 shares of the company’s stock worth $5,092,000 after purchasing an additional 6,488 shares during the period. S Harris Financial Group LLC bought a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the fourth quarter worth about $10,699,000. OakTrust Wealth Advisors LLC bought a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the fourth quarter worth about $2,374,000. Finally, Stone Wealth Partners bought a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the fourth quarter worth about $2,467,000.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

Shares of NASDAQ:SDVY opened at $42.24 on Wednesday. The stock’s 50-day moving average is $41.76 and its 200 day moving average is $40.77. The company has a market cap of $10.93 billion, a PE ratio of 14.54 and a beta of 1.01. First Trust SMID Cap Rising Dividend Achievers ETF has a 1 year low of $34.79 and a 1 year high of $42.90.

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.