Liberty Wealth Management LLC Invests $526,000 in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Liberty Wealth Management LLC purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 15,759 shares of the company’s stock, valued at approximately $526,000.

Other institutional investors also recently modified their holdings of the company. Strategic Financial Concepts LLC bought a new stake in First Trust SMID Cap Rising Dividend Archievers ETF in the 2nd quarter worth approximately $28,000. Benjamin Edwards Inc. purchased a new stake in First Trust SMID Cap Rising Dividend Archievers ETF during the first quarter valued at $32,000. EverSource Wealth Advisors LLC bought a new position in First Trust SMID Cap Rising Dividend Archievers ETF in the first quarter valued at about $34,000. Mather Group LLC. purchased a new position in First Trust SMID Cap Rising Dividend Archievers ETF in the second quarter worth about $35,000. Finally, VitalStone Financial LLC bought a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 4th quarter valued at about $39,000.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Up 0.5 %

Shares of NASDAQ:SDVY opened at $34.19 on Tuesday. The stock has a market capitalization of $5.13 billion, a PE ratio of 8.30 and a beta of 1.18. The firm’s 50 day moving average price is $34.73 and its 200-day moving average price is $34.00. First Trust SMID Cap Rising Dividend Archievers ETF has a twelve month low of $26.40 and a twelve month high of $37.25.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were paid a dividend of $0.1503 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.76%. The ex-dividend date of this dividend was Thursday, June 27th.

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.