35,581 Shares in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Purchased by Prosperity Financial Group Inc.

Prosperity Financial Group Inc. bought a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) in the 3rd quarter, Holdings Channel reports. The firm bought 35,581 shares of the company’s stock, valued at approximately $1,294,000.

A number of other hedge funds have also recently modified their holdings of SDVY. Icon Wealth Advisors LLC bought a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 3rd quarter worth approximately $30,000. Hazlett Burt & Watson Inc. bought a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the second quarter worth $28,000. Mather Group LLC. bought a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the second quarter worth $35,000. EverSource Wealth Advisors LLC purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the first quarter valued at $34,000. Finally, ORG Partners LLC bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the third quarter worth about $73,000.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

Shares of SDVY opened at $39.61 on Monday. The firm has a market capitalization of $6.93 billion, a price-to-earnings ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a 1-year low of $28.92 and a 1-year high of $39.63. The company has a 50-day moving average of $36.90 and a 200 day moving average of $35.23.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a dividend of $0.1383 per share. This represents a $0.55 annualized dividend and a dividend yield of 1.40%. 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.