Independent Wealth Network Inc. Increases Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Independent Wealth Network Inc. lifted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 32.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 22,483 shares of the company’s stock after purchasing an additional 5,519 shares during the period. Independent Wealth Network Inc.’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $806,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Assetmark Inc. lifted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 105.2% in the 3rd quarter. Assetmark Inc. now owns 3,211 shares of the company’s stock valued at $117,000 after purchasing an additional 1,646 shares during the last quarter. Thrivent Financial for Lutherans lifted its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 1.3% during the 3rd quarter. Thrivent Financial for Lutherans now owns 36,550 shares of the company’s stock worth $1,330,000 after acquiring an additional 465 shares in the last quarter. Park National Corp OH lifted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 292.0% during the third quarter. Park National Corp OH now owns 2,531,035 shares of the company’s stock worth $92,079,000 after purchasing an additional 1,885,435 shares in the last quarter. Cherry Creek Investment Advisors Inc. lifted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 8.8% during the 3rd quarter. Cherry Creek Investment Advisors Inc. now owns 86,313 shares of the company’s stock worth $3,140,000 after buying an additional 6,973 shares in the last quarter. Finally, Triton Wealth Management PLLC acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the third quarter valued at $237,000.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Down 0.4 %

NASDAQ SDVY opened at $37.85 on Thursday. First Trust SMID Cap Rising Dividend Archievers ETF has a 52 week low of $31.40 and a 52 week high of $40.60. The firm has a 50 day moving average of $37.56 and a two-hundred day moving average of $36.32. The stock has a market capitalization of $8.27 billion, a PE ratio of 8.30 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders 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.