Beacon Financial Advisory LLC Raises Stock Holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Beacon Financial Advisory LLC boosted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 63.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 25,899 shares of the company’s stock after purchasing an additional 10,091 shares during the period. Beacon Financial Advisory LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $928,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Assetmark Inc. boosted its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 105.2% in the third quarter. Assetmark Inc. now owns 3,211 shares of the company’s stock valued at $117,000 after acquiring an additional 1,646 shares during the last quarter. Thrivent Financial for Lutherans raised its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 1.3% in the 3rd quarter. Thrivent Financial for Lutherans now owns 36,550 shares of the company’s stock worth $1,330,000 after purchasing an additional 465 shares during the period. Cherry Creek Investment Advisors Inc. lifted its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 8.8% in the third quarter. Cherry Creek Investment Advisors Inc. now owns 86,313 shares of the company’s stock valued at $3,140,000 after purchasing an additional 6,973 shares during the last quarter. Redhawk Wealth Advisors Inc. grew its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 16.4% during the fourth quarter. Redhawk Wealth Advisors Inc. now owns 150,303 shares of the company’s stock valued at $5,388,000 after purchasing an additional 21,199 shares during the period. Finally, Strong Tower Advisory Services purchased a new stake in First Trust SMID Cap Rising Dividend Archievers ETF in the third quarter worth $1,102,000.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

Shares of SDVY opened at $37.18 on Thursday. The firm has a market cap of $8.26 billion, a PE ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a 1 year low of $31.50 and a 1 year high of $40.60. The stock’s fifty day moving average price is $37.30 and its two-hundred day moving average price is $36.53.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders 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 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.