POM Investment Strategies LLC Acquires 716 Shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

POM Investment Strategies LLC increased its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 1.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 74,797 shares of the company’s stock after acquiring an additional 716 shares during the quarter. First Trust SMID Cap Rising Dividend Archievers ETF comprises about 2.0% of POM Investment Strategies LLC’s holdings, making the stock its 13th largest position. POM Investment Strategies LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $2,681,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in SDVY. Assetmark Inc. grew its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 105.2% in the third quarter. Assetmark Inc. now owns 3,211 shares of the company’s stock worth $117,000 after purchasing an additional 1,646 shares during the last quarter. Thrivent Financial for Lutherans lifted its holdings in 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 buying an additional 465 shares during the period. Cherry Creek Investment Advisors Inc. grew its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 8.8% in the 3rd 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. increased its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 16.4% in the fourth 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 during the period. Finally, Janney Montgomery Scott LLC raised its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 46.8% during the fourth quarter. Janney Montgomery Scott LLC now owns 713,298 shares of the company’s stock worth $25,572,000 after acquiring an additional 227,413 shares during the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Performance

NASDAQ:SDVY opened at $36.92 on Tuesday. First Trust SMID Cap Rising Dividend Archievers ETF has a fifty-two week low of $31.50 and a fifty-two week high of $40.60. The company has a 50 day simple moving average of $37.13 and a two-hundred day simple moving average of $36.56. The company has a market capitalization 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 announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a $0.1821 dividend. The ex-dividend date 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.