Pine Valley Investments Ltd Liability Co Has $13.99 Million Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Pine Valley Investments Ltd Liability Co lifted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 1.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 390,347 shares of the company’s stock after buying an additional 5,106 shares during the quarter. First Trust SMID Cap Rising Dividend Archievers ETF makes up about 0.8% of Pine Valley Investments Ltd Liability Co’s holdings, making the stock its 23rd largest holding. Pine Valley Investments Ltd Liability Co’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $13,994,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Farmers & Merchants Investments Inc. bought a new position in First Trust SMID Cap Rising Dividend Archievers ETF in the fourth quarter valued at approximately $26,000. National Bank of Canada FI bought a new stake in First Trust SMID Cap Rising Dividend Archievers ETF in the 3rd quarter valued at $27,000. Grove Bank & Trust acquired a new position in First Trust SMID Cap Rising Dividend Archievers ETF in the 4th quarter worth $27,000. Pineridge Advisors LLC boosted its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 138.9% in the 4th quarter. Pineridge Advisors LLC now owns 762 shares of the company’s stock worth $27,000 after purchasing an additional 443 shares during the period. Finally, FSC Wealth Advisors LLC bought a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the 4th quarter worth about $29,000.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

Shares of First Trust SMID Cap Rising Dividend Archievers ETF stock opened at $35.57 on Tuesday. The firm has a market cap of $7.93 billion, a price-to-earnings ratio of 12.91 and a beta of 1.18. The stock’s 50-day moving average is $36.71 and its 200-day moving average is $36.68. First Trust SMID Cap Rising Dividend Archievers ETF has a one year low of $32.22 and a one year high of $40.60.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a $0.1821 dividend. The ex-dividend date was Friday, December 13th.

First Trust SMID Cap Rising Dividend Archievers ETF 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.