Focus Financial Network Inc. Acquires 10,660 Shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Focus Financial Network Inc. grew its holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 6.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 169,554 shares of the company’s stock after purchasing an additional 10,660 shares during the quarter. Focus Financial Network Inc.’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $6,079,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the business. Assetmark Inc. boosted its position in First Trust SMID Cap Rising Dividend Archievers ETF by 105.2% during the third quarter. Assetmark Inc. now owns 3,211 shares of the company’s stock valued at $117,000 after purchasing an additional 1,646 shares in the last quarter. Thrivent Financial for Lutherans raised its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 1.3% in the third 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 in the last quarter. Cherry Creek Investment Advisors Inc. lifted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 8.8% during the third quarter. Cherry Creek Investment Advisors Inc. now owns 86,313 shares of the company’s stock valued at $3,140,000 after buying an additional 6,973 shares during the last quarter. Redhawk Wealth Advisors Inc. boosted its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 16.4% in the 4th quarter. Redhawk Wealth Advisors Inc. now owns 150,303 shares of the company’s stock valued at $5,388,000 after buying an additional 21,199 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 46.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 713,298 shares of the company’s stock worth $25,572,000 after buying an additional 227,413 shares during the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Up 0.5 %

NASDAQ SDVY opened at $36.92 on Tuesday. First Trust SMID Cap Rising Dividend Archievers ETF has a 52 week low of $31.50 and a 52 week high of $40.60. The company has a 50 day moving average price of $37.13 and a 200 day moving average price of $36.56. The firm has a market cap of $8.23 billion, a PE ratio of 8.30 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a dividend of $0.1821 per share. The ex-dividend date of this dividend 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.