Clarity Capital Partners LLC Buys New Stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Clarity Capital Partners LLC purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) during the first quarter, HoldingsChannel reports. The fund purchased 7,344 shares of the company’s stock, valued at approximately $256,000.

Several other institutional investors have also bought and sold shares of the business. Investment Partners LTD. increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 1.5% during the first quarter. Investment Partners LTD. now owns 21,271 shares of the company’s stock worth $741,000 after acquiring an additional 315 shares during the period. Elevated Capital Advisors LLC lifted its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 1.8% in the 4th quarter. Elevated Capital Advisors LLC now owns 18,756 shares of the company’s stock worth $615,000 after buying an additional 323 shares during the period. TD Capital Management LLC grew its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 27.7% during the 4th quarter. TD Capital Management LLC now owns 2,026 shares of the company’s stock worth $66,000 after buying an additional 439 shares in the last quarter. Hilltop Holdings Inc. increased its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 0.6% during the fourth quarter. Hilltop Holdings Inc. now owns 71,898 shares of the company’s stock valued at $2,356,000 after buying an additional 444 shares during the period. Finally, Pitti Group Wealth Management LLC raised its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 6.6% in the first quarter. Pitti Group Wealth Management LLC now owns 8,430 shares of the company’s stock valued at $283,000 after acquiring an additional 525 shares in the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Performance

First Trust SMID Cap Rising Dividend Archievers ETF stock traded up $0.44 during midday trading on Wednesday, hitting $33.23. 1,133,780 shares of the company’s stock were exchanged, compared to its average volume of 1,025,310. The company has a market cap of $4.63 billion, a PE ratio of 8.30 and a beta of 1.18. The firm has a 50-day moving average of $33.69 and a two-hundred day moving average of $33.16. First Trust SMID Cap Rising Dividend Archievers ETF has a 12 month low of $26.40 and a 12 month high of $34.97.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were paid a $0.1503 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.81%. The ex-dividend date was Thursday, June 27th.

First Trust SMID Cap Rising Dividend Archievers 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.