Paragon Private Wealth Management LLC Makes New Investment in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Paragon Private Wealth Management LLC purchased a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 6,007 shares of the company’s stock, valued at approximately $215,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. LPL Financial LLC grew its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 17.1% during the 3rd quarter. LPL Financial LLC now owns 17,987,114 shares of the company’s stock worth $654,371,000 after acquiring an additional 2,628,717 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 4th quarter worth approximately $381,301,000. Capital Investment Advisors LLC lifted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 8.2% during the 4th quarter. Capital Investment Advisors LLC now owns 3,510,050 shares of the company’s stock worth $125,835,000 after buying an additional 267,372 shares during the last quarter. Park National Corp OH lifted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 11.7% during the 4th quarter. Park National Corp OH now owns 2,827,593 shares of the company’s stock worth $101,369,000 after buying an additional 296,558 shares during the last quarter. Finally, LVZ Inc. lifted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 0.7% during the 4th quarter. LVZ Inc. now owns 2,726,811 shares of the company’s stock worth $97,756,000 after buying an additional 17,661 shares during the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Trading Down 1.9 %

Shares of NASDAQ:SDVY opened at $33.43 on Tuesday. The company has a market capitalization of $7.45 billion, a PE ratio of 12.91 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a twelve month low of $32.22 and a twelve month high of $40.60. The firm has a 50 day simple moving average of $36.37 and a 200-day simple moving average of $36.69.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

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

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.