First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Shares Bought by Sanchez Wealth Management Group

Sanchez Wealth Management Group grew its stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 0.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 354,481 shares of the company’s stock after purchasing an additional 2,731 shares during the quarter. First Trust SMID Cap Rising Dividend Archievers ETF makes up approximately 3.5% of Sanchez Wealth Management Group’s holdings, making the stock its 12th biggest holding. Sanchez Wealth Management Group’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $12,708,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of SDVY. National Bank of Canada FI acquired a new position in First Trust SMID Cap Rising Dividend Archievers ETF in the third quarter worth $27,000. Grove Bank & Trust acquired a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the 4th quarter valued at about $27,000. FSC Wealth Advisors LLC bought a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 4th quarter valued at about $29,000. Icon Wealth Advisors LLC bought a new position in First Trust SMID Cap Rising Dividend Archievers ETF in the third quarter worth about $30,000. Finally, AlphaMark Advisors LLC acquired a new position in First Trust SMID Cap Rising Dividend Archievers ETF in the fourth quarter valued at approximately $31,000.

First Trust SMID Cap Rising Dividend Archievers ETF Trading Down 0.9 %

NASDAQ:SDVY opened at $36.74 on Friday. The firm has a market capitalization of $8.19 billion, a PE ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a 52 week low of $31.50 and a 52 week high of $40.60. The stock has a 50 day moving average of $37.19 and a 200-day moving average of $36.54.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

The company 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 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.