Beacon Financial Advisory LLC Has $1.88 Million Stock Holdings in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Beacon Financial Advisory LLC lifted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 26.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 53,156 shares of the company’s stock after purchasing an additional 11,060 shares during the period. Beacon Financial Advisory LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $1,875,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Fifth Third Bancorp increased its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 120.9% during the 2nd quarter. Fifth Third Bancorp now owns 952 shares of the company’s stock worth $34,000 after purchasing an additional 521 shares during the last quarter. Financial Network Wealth Advisors LLC acquired a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the 1st quarter worth about $72,000. GAMMA Investing LLC increased its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 3,250.0% during the 1st quarter. GAMMA Investing LLC now owns 4,288 shares of the company’s stock worth $144,000 after purchasing an additional 4,160 shares during the last quarter. Pinnacle Bancorp Inc. increased its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 14.0% during the 2nd quarter. Pinnacle Bancorp Inc. now owns 4,850 shares of the company’s stock worth $171,000 after purchasing an additional 595 shares during the last quarter. Finally, Larson Financial Group LLC increased its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 15.5% during the 1st quarter. Larson Financial Group LLC now owns 5,728 shares of the company’s stock worth $192,000 after purchasing an additional 770 shares during the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

First Trust SMID Cap Rising Dividend Achievers ETF stock opened at $38.02 on Friday. The firm has a market capitalization of $8.96 billion, a PE ratio of 14.54 and a beta of 1.18. The company’s 50-day moving average is $37.51 and its 200-day moving average is $35.24. First Trust SMID Cap Rising Dividend Achievers ETF has a fifty-two week low of $28.84 and a fifty-two week high of $40.60.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were issued a dividend of $0.095 per share. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $0.38 annualized dividend and a dividend yield of 1.0%.

First Trust SMID Cap Rising Dividend Achievers 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.