GDS Wealth Management Boosts Stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

GDS Wealth Management grew its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 4.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 404,829 shares of the company’s stock after acquiring an additional 18,521 shares during the period. GDS Wealth Management owned 0.19% of First Trust SMID Cap Rising Dividend Archievers ETF worth $14,513,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of SDVY. National Bank of Canada FI purchased a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the 3rd quarter valued at about $27,000. Grove Bank & Trust bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 4th quarter valued at approximately $27,000. FSC Wealth Advisors LLC bought a new stake in First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter valued at about $29,000. Icon Wealth Advisors LLC purchased a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the third quarter worth $30,000. Finally, AlphaMark Advisors LLC bought a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the fourth quarter worth about $31,000.

First Trust SMID Cap Rising Dividend Archievers ETF Trading Down 1.8 %

Shares of NASDAQ:SDVY opened at $36.72 on Tuesday. The company has a market cap of $8.16 billion, a price-to-earnings ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a 12 month low of $31.40 and a 12 month high of $40.60. The company has a 50-day moving average price of $37.43 and a 200 day moving average price of $36.51.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued 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.