Accel Wealth Management Boosts Holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Accel Wealth Management raised its position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 34.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 11,404 shares of the company’s stock after purchasing an additional 2,940 shares during the period. Accel Wealth Management’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $409,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. LPL Financial LLC boosted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 17.1% in the third quarter. LPL Financial LLC now owns 17,987,114 shares of the company’s stock valued at $654,371,000 after purchasing an additional 2,628,717 shares during the last quarter. Park National Corp OH boosted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 292.0% during the 3rd quarter. Park National Corp OH now owns 2,531,035 shares of the company’s stock valued at $92,079,000 after buying an additional 1,885,435 shares during the last quarter. Raymond James & Associates grew its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 18.8% during the third quarter. Raymond James & Associates now owns 4,234,856 shares of the company’s stock worth $154,064,000 after buying an additional 669,172 shares in the last quarter. Cetera Investment Advisers grew its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 31.6% during the second quarter. Cetera Investment Advisers now owns 2,421,412 shares of the company’s stock worth $80,827,000 after buying an additional 580,783 shares in the last quarter. Finally, Advance Capital Management Inc. bought a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the fourth quarter worth $17,603,000.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

NASDAQ SDVY opened at $37.80 on Friday. The company has a market capitalization of $8.26 billion, a price-to-earnings ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a 12 month low of $31.40 and a 12 month high of $40.60. The company’s fifty day moving average price is $37.53 and its two-hundred day moving average price is $36.37.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The business 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.

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.