Creative Financial Designs Inc. ADV Has $3.70 Million Stake in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Creative Financial Designs Inc. ADV grew its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 4.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 104,824 shares of the company’s stock after buying an additional 4,912 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $3,698,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in SDVY. Hantz Financial Services Inc. acquired a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the 2nd quarter valued at about $33,000. Fifth Third Bancorp lifted its holdings 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 valued at $34,000 after buying an additional 521 shares during the last quarter. Financial Network Wealth Advisors LLC acquired a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the 1st quarter valued at about $72,000. Pinnacle Bancorp Inc. lifted its holdings 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 valued at $171,000 after buying an additional 595 shares during the last quarter. Finally, Larson Financial Group LLC lifted its holdings 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 valued at $192,000 after buying an additional 770 shares during the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

Shares of First Trust SMID Cap Rising Dividend Achievers ETF stock opened at $37.40 on Friday. The firm has a market cap of $8.96 billion, a price-to-earnings ratio of 14.54 and a beta of 1.12. First Trust SMID Cap Rising Dividend Achievers ETF has a 52-week low of $28.84 and a 52-week high of $40.60. The stock has a 50-day simple moving average of $37.85 and a 200-day simple moving average of $35.91.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

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

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.