First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Shares Sold by Gateway Wealth Partners LLC

Gateway Wealth Partners LLC lowered its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 24.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 14,801 shares of the company’s stock after selling 4,750 shares during the quarter. Gateway Wealth Partners LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $531,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Avidian Wealth Enterprises LLC grew its position in First Trust SMID Cap Rising Dividend Archievers ETF by 2.0% during the 3rd quarter. Avidian Wealth Enterprises LLC now owns 15,054 shares of the company’s stock worth $548,000 after purchasing an additional 295 shares during the last quarter. DHK Financial Advisors Inc. lifted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 0.5% during the fourth quarter. DHK Financial Advisors Inc. now owns 58,897 shares of the company’s stock worth $2,111,000 after buying an additional 297 shares during the period. Legacy Capital Group California Inc. grew its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 0.8% during the third quarter. Legacy Capital Group California Inc. now owns 45,225 shares of the company’s stock valued at $1,645,000 after buying an additional 343 shares during the last quarter. tru Independence LLC grew its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 1.2% during the fourth quarter. tru Independence LLC now owns 31,039 shares of the company’s stock valued at $1,113,000 after buying an additional 362 shares during the last quarter. Finally, Second Half Financial Partners LLC increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 3.9% in the 3rd quarter. Second Half Financial Partners LLC now owns 9,740 shares of the company’s stock valued at $354,000 after acquiring an additional 365 shares during the period.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Performance

Shares of SDVY opened at $37.55 on Thursday. The stock has a 50-day moving average of $37.51 and a two-hundred day moving average of $36.47. The stock has a market cap of $8.30 billion, a P/E ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a one year low of $31.40 and a one year high of $40.60.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a dividend of $0.1821 per share. The ex-dividend date of this dividend was Friday, December 13th.

About First Trust SMID Cap Rising Dividend Archievers ETF

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.