Lion Street Advisors LLC Grows Stock Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Lion Street Advisors LLC raised its holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 20.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 23,791 shares of the company’s stock after acquiring an additional 4,091 shares during the period. Lion Street Advisors LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $853,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Assetmark Inc. grew 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 acquiring an additional 1,646 shares during the period. Thrivent Financial for Lutherans grew its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 1.3% during 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 period. Cherry Creek Investment Advisors Inc. grew its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 8.8% during the 3rd quarter. Cherry Creek Investment Advisors Inc. now owns 86,313 shares of the company’s stock worth $3,140,000 after purchasing an additional 6,973 shares during the period. Redhawk Wealth Advisors Inc. increased its position in First Trust SMID Cap Rising Dividend Archievers ETF by 16.4% during the 4th quarter. Redhawk Wealth Advisors Inc. now owns 150,303 shares of the company’s stock worth $5,388,000 after purchasing an additional 21,199 shares in the last quarter. Finally, Strong Tower Advisory Services purchased a new position in First Trust SMID Cap Rising Dividend Archievers ETF in the third quarter valued at approximately $1,102,000.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Up 0.8 %

Shares of SDVY stock opened at $37.01 on Wednesday. First Trust SMID Cap Rising Dividend Archievers ETF has a fifty-two week low of $31.40 and a fifty-two week high of $40.60. The firm’s 50 day moving average price is $37.36 and its two-hundred day moving average price is $36.52. The stock has a market cap of $8.22 billion, a price-to-earnings 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. Investors 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.