Jaffetilchin Investment Partners LLC Acquires Shares of 14,272 First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Jaffetilchin Investment Partners LLC acquired a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) during the 3rd quarter, Holdings Channel reports. The fund acquired 14,272 shares of the company’s stock, valued at approximately $519,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SDVY. Hazlett Burt & Watson Inc. purchased a new stake in First Trust SMID Cap Rising Dividend Archievers ETF during the 2nd quarter valued at $28,000. Strategic Financial Concepts LLC bought a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the 2nd quarter worth about $28,000. EverSource Wealth Advisors LLC purchased a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 1st quarter worth about $34,000. Mather Group LLC. purchased a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 2nd quarter worth about $35,000. Finally, ORG Partners LLC bought a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the 3rd quarter valued at about $73,000.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

Shares of NASDAQ SDVY opened at $39.11 on Tuesday. The firm has a 50-day simple moving average of $36.10 and a two-hundred day simple moving average of $34.88. The company has a market cap of $6.85 billion, a P/E ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a 1 year low of $27.45 and a 1 year high of $39.24.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The business also recently announced 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 dividend on an annualized basis and a dividend yield of 1.41%. The ex-dividend date of this dividend 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.