First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Shares Purchased by LPL Financial LLC

LPL Financial LLC lifted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 22.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 21,935,886 shares of the company’s stock after acquiring an additional 3,948,772 shares during the quarter. LPL Financial LLC owned approximately 0.10% of First Trust SMID Cap Rising Dividend Archievers ETF worth $786,401,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in SDVY. Thrivent Financial for Lutherans grew its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 1.3% in the 3rd 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 during the last quarter. Icon Wealth Advisors LLC acquired a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the 3rd quarter worth approximately $30,000. Meridian Wealth Management LLC increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 141.9% in the third quarter. Meridian Wealth Management LLC now owns 39,336 shares of the company’s stock worth $1,431,000 after acquiring an additional 23,074 shares in the last quarter. Flagstar Advisors Inc. increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 0.9% in the third quarter. Flagstar Advisors Inc. now owns 81,560 shares of the company’s stock worth $2,967,000 after acquiring an additional 734 shares in the last quarter. Finally, Certified Advisory Corp purchased a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the third quarter worth approximately $6,272,000.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

First Trust SMID Cap Rising Dividend Archievers ETF stock opened at $33.60 on Friday. The firm’s 50 day simple moving average is $35.90 and its 200-day simple moving average is $36.54. The company has a market cap of $7.49 billion, a P/E ratio of 13.44 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a fifty-two week low of $32.22 and a fifty-two week high of $40.60.

About First Trust SMID Cap Rising Dividend Archievers ETF

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.