Vantus Wealth LLC Makes New Investment in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Vantus Wealth LLC bought a new position in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVYFree Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 30,365 shares of the company’s stock, valued at approximately $1,164,000. First Trust SMID Cap Rising Dividend Achievers ETF makes up approximately 0.9% of Vantus Wealth LLC’s investment portfolio, making the stock its 26th biggest position.

A number of other hedge funds have also added to or reduced their stakes in the business. TD Waterhouse Canada Inc. increased its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 1.7% during the fourth quarter. TD Waterhouse Canada Inc. now owns 15,085 shares of the company’s stock valued at $578,000 after acquiring an additional 251 shares in the last quarter. Keystone Financial Services LLC increased its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 1.3% during the fourth quarter. Keystone Financial Services LLC now owns 19,815 shares of the company’s stock valued at $759,000 after acquiring an additional 252 shares in the last quarter. Insight Inv LLC increased its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 2.0% during the fourth quarter. Insight Inv LLC now owns 13,770 shares of the company’s stock valued at $528,000 after acquiring an additional 270 shares in the last quarter. Fortis Group Advisors LLC increased its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 3.3% during the fourth quarter. Fortis Group Advisors LLC now owns 8,422 shares of the company’s stock valued at $340,000 after acquiring an additional 272 shares in the last quarter. Finally, Marino Stram & Associates LLC increased its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 4.0% during the fourth quarter. Marino Stram & Associates LLC now owns 7,306 shares of the company’s stock valued at $280,000 after acquiring an additional 284 shares in the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Down 0.5%

NASDAQ SDVY opened at $41.05 on Tuesday. The company has a market cap of $10.63 billion, a price-to-earnings ratio of 14.54 and a beta of 1.04. First Trust SMID Cap Rising Dividend Achievers ETF has a 52 week low of $33.89 and a 52 week high of $42.89. The business has a 50 day moving average price of $41.10 and a 200-day moving average price of $40.29.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were issued a dividend of $0.0976 per share. The ex-dividend date was Thursday, March 26th. This represents a $0.39 annualized dividend and a dividend yield of 1.0%.

First Trust SMID Cap Rising Dividend Achievers ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY)

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