American Financial Advisors LLC Invests $268,000 in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

American Financial Advisors LLC bought a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 7,355 shares of the company’s stock, valued at approximately $268,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Hazlett Burt & Watson Inc. acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the second quarter worth $28,000. Strategic Financial Concepts LLC purchased a new stake in First Trust SMID Cap Rising Dividend Archievers ETF in the second quarter valued at approximately $28,000. EverSource Wealth Advisors LLC purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the 1st quarter valued at $34,000. Mather Group LLC. purchased a new stake in First Trust SMID Cap Rising Dividend Archievers ETF in the 2nd quarter worth approximately $35,000. Finally, ORG Partners LLC purchased a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the third quarter worth approximately $73,000.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Down 0.9 %

Shares of First Trust SMID Cap Rising Dividend Archievers ETF stock traded down $0.32 during mid-day trading on Tuesday, reaching $36.10. 602,246 shares of the stock traded hands, compared to its average volume of 1,106,811. The stock has a market capitalization of $6.27 billion, a PE ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a fifty-two week low of $26.47 and a fifty-two week high of $37.55. The business has a 50-day moving average of $35.82 and a 200 day moving average of $34.61.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a dividend of $0.1383 per share. This represents a $0.55 annualized dividend and a yield of 1.53%. The ex-dividend date was Thursday, September 26th.

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.