Commonwealth Financial Services LLC Makes New $583,000 Investment in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Commonwealth Financial Services LLC acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 17,768 shares of the company’s stock, valued at approximately $583,000.

Several other institutional investors also recently made changes to their positions in SDVY. Team Financial Group LLC grew its position in First Trust SMID Cap Rising Dividend Archievers ETF by 141.7% during the second quarter. Team Financial Group LLC now owns 57,915 shares of the company’s stock valued at $1,933,000 after acquiring an additional 33,954 shares during the period. Thrivent Financial for Lutherans grew its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 1.2% during the 2nd quarter. Thrivent Financial for Lutherans now owns 36,085 shares of the company’s stock worth $1,205,000 after purchasing an additional 417 shares during the period. AE Wealth Management LLC raised its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 9.1% in the second quarter. AE Wealth Management LLC now owns 45,052 shares of the company’s stock valued at $1,504,000 after buying an additional 3,774 shares during the period. Bright Financial Advisors Inc. grew its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 65.7% during the second quarter. Bright Financial Advisors Inc. now owns 47,394 shares of the company’s stock worth $1,582,000 after buying an additional 18,799 shares during the period. Finally, WCG Wealth Advisors LLC increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 29.7% in the second quarter. WCG Wealth Advisors LLC now owns 21,277 shares of the company’s stock worth $710,000 after acquiring an additional 4,871 shares in the last quarter.

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

NASDAQ:SDVY opened at $36.20 on Monday. The firm’s fifty day simple moving average is $35.07 and its 200 day simple moving average is $34.15. First Trust SMID Cap Rising Dividend Archievers ETF has a twelve month low of $26.40 and a twelve month high of $37.25. The firm has a market capitalization of $5.43 billion, a price-to-earnings ratio of 8.30 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were given a dividend of $0.1503 per share. This represents a $0.60 annualized dividend and a yield of 1.66%. The ex-dividend date was Thursday, June 27th.

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.