142,721 Shares in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Bought by Hobart Private Capital LLC

Hobart Private Capital LLC acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 142,721 shares of the company’s stock, valued at approximately $4,677,000. First Trust SMID Cap Rising Dividend Archievers ETF comprises 1.5% of Hobart Private Capital LLC’s portfolio, making the stock its 19th biggest holding. Hobart Private Capital LLC owned 0.18% of First Trust SMID Cap Rising Dividend Archievers ETF at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of SDVY. FMR LLC lifted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 171.9% in the first quarter. FMR LLC now owns 968 shares of the company’s stock valued at $26,000 after acquiring an additional 612 shares during the period. Blair William & Co. IL lifted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 276.7% in the first quarter. Blair William & Co. IL now owns 1,940 shares of the company’s stock valued at $54,000 after acquiring an additional 1,425 shares during the period. Coppell Advisory Solutions Corp. bought a new position in First Trust SMID Cap Rising Dividend Archievers ETF in the fourth quarter valued at about $64,000. DHJJ Financial Advisors Ltd. bought a new position in First Trust SMID Cap Rising Dividend Archievers ETF in the third quarter valued at about $77,000. Finally, ICA Group Wealth Management LLC bought a new position in First Trust SMID Cap Rising Dividend Archievers ETF in the fourth quarter valued at about $104,000.

First Trust SMID Cap Rising Dividend Archievers ETF Trading Up 1.9 %

SDVY stock traded up $0.65 during trading on Wednesday, reaching $34.61. The stock had a trading volume of 1,083,624 shares, compared to its average volume of 1,181,514. First Trust SMID Cap Rising Dividend Archievers ETF has a 52 week low of $24.70 and a 52 week high of $34.61. The stock’s 50 day moving average is $32.70 and its two-hundred day moving average is $30.61. The firm has a market cap of $3.00 billion, a PE ratio of 7.66 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd will be paid a $0.1032 dividend. This represents a $0.41 annualized dividend and a dividend yield of 1.19%. The ex-dividend date of this dividend is Thursday, March 21st.

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.