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

Gateway Wealth Partners LLC raised its holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 11.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 19,551 shares of the company’s stock after acquiring an additional 2,069 shares during the quarter. Gateway Wealth Partners LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $711,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Hazlett Burt & Watson Inc. acquired a new stake in First Trust SMID Cap Rising Dividend Archievers ETF in the second quarter valued at $28,000. Mather Group LLC. acquired a new stake in First Trust SMID Cap Rising Dividend Archievers ETF in the second quarter valued at $35,000. EverSource Wealth Advisors LLC acquired a new stake in First Trust SMID Cap Rising Dividend Archievers ETF in the first quarter valued at $34,000. ORG Partners LLC acquired a new stake in First Trust SMID Cap Rising Dividend Archievers ETF in the third quarter valued at $73,000. Finally, Industrial Alliance Investment Management Inc. acquired a new stake in First Trust SMID Cap Rising Dividend Archievers ETF in the first quarter valued at $93,000.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Performance

First Trust SMID Cap Rising Dividend Archievers ETF stock opened at $36.42 on Tuesday. The company has a market cap of $6.32 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 $26.47 and a one year high of $37.55. The business has a fifty day moving average of $35.82 and a two-hundred day moving average of $34.61.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The company 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 1.52%. The ex-dividend date was Thursday, September 26th.

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.