Onyx Bridge Wealth Group LLC Reduces Stock Holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Onyx Bridge Wealth Group LLC reduced its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 19.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 5,796 shares of the company’s stock after selling 1,374 shares during the period. Onyx Bridge Wealth Group LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $208,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of SDVY. Brookstone Capital Management purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 3rd quarter valued at about $852,000. CWM LLC raised its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 173.9% during the 3rd quarter. CWM LLC now owns 8,404 shares of the company’s stock valued at $306,000 after buying an additional 5,336 shares during the period. Clarus Wealth Advisors purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 3rd quarter valued at about $212,000. Pinnacle Bancorp Inc. raised its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 33.4% during the 3rd quarter. Pinnacle Bancorp Inc. now owns 3,545 shares of the company’s stock valued at $129,000 after buying an additional 887 shares during the period. Finally, San Luis Wealth Advisors LLC raised its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 229.4% during the 3rd quarter. San Luis Wealth Advisors LLC now owns 180,349 shares of the company’s stock valued at $6,561,000 after buying an additional 125,606 shares during the period.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Performance

Shares of NASDAQ:SDVY opened at $37.09 on Friday. First Trust SMID Cap Rising Dividend Archievers ETF has a one year low of $31.50 and a one year high of $40.60. The business’s 50-day simple moving average is $37.25 and its 200 day simple moving average is $36.53. The company has a market cap of $8.24 billion, a P/E ratio of 8.30 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a dividend of $0.1821 per share. The ex-dividend date was Friday, December 13th.

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.