40,416 Shares in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Purchased by Grantvest Financial Group LLC

Grantvest Financial Group LLC purchased a new stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 40,416 shares of the company’s stock, valued at approximately $1,449,000. First Trust SMID Cap Rising Dividend Archievers ETF comprises approximately 1.6% of Grantvest Financial Group LLC’s investment portfolio, making the stock its 14th largest holding.

Several other institutional investors have also recently bought and sold shares of the business. Farmers & Merchants Investments Inc. acquired a new position in First Trust SMID Cap Rising Dividend Archievers ETF in the fourth quarter valued at approximately $26,000. National Bank of Canada FI purchased a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the 3rd quarter worth approximately $27,000. Grove Bank & Trust bought a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 4th quarter worth $27,000. Pineridge Advisors LLC raised its position in First Trust SMID Cap Rising Dividend Archievers ETF by 138.9% in the fourth quarter. Pineridge Advisors LLC now owns 762 shares of the company’s stock worth $27,000 after acquiring an additional 443 shares during the period. Finally, FSC Wealth Advisors LLC bought a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the 4th quarter worth approximately $29,000.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Down 0.4 %

NASDAQ SDVY opened at $33.60 on Monday. First Trust SMID Cap Rising Dividend Archievers ETF has a 12-month low of $32.22 and a 12-month high of $40.60. The company’s 50 day moving average is $35.90 and its 200-day moving average is $36.55. The firm has a market cap of $7.49 billion, a P/E ratio of 13.44 and a beta of 1.18.

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.