First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) is TrueWealth Advisors LLC’s 5th Largest Position

TrueWealth Advisors LLC lowered its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 1.9% during the fourth quarter, Holdings Channel reports. The firm owned 251,737 shares of the company’s stock after selling 4,991 shares during the period. First Trust SMID Cap Rising Dividend Archievers ETF makes up approximately 3.0% of TrueWealth Advisors LLC’s investment portfolio, making the stock its 5th largest position. TrueWealth Advisors LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $9,025,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. National Bank of Canada FI purchased a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the 3rd quarter worth approximately $27,000. Icon Wealth Advisors LLC purchased a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the third quarter worth approximately $30,000. Wolff Wiese Magana LLC acquired a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the 4th quarter valued at $72,000. ORG Partners LLC purchased a new stake in First Trust SMID Cap Rising Dividend Archievers ETF in the 3rd quarter valued at $73,000. Finally, Assetmark Inc. boosted its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 105.2% during the 3rd quarter. Assetmark Inc. now owns 3,211 shares of the company’s stock worth $117,000 after purchasing an additional 1,646 shares during the period.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Performance

NASDAQ SDVY opened at $37.50 on Friday. The firm’s fifty day moving average is $37.61 and its two-hundred day moving average is $36.21. First Trust SMID Cap Rising Dividend Archievers ETF has a one year low of $31.16 and a one year high of $40.60. The firm has a market cap of $8.09 billion, a PE ratio of 8.30 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a dividend of $0.1821 per share. The ex-dividend date of this dividend was Friday, December 13th.

First Trust SMID Cap Rising Dividend Archievers 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.