WCG Wealth Advisors LLC Increases Stock Holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

WCG Wealth Advisors LLC grew its position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 29.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,277 shares of the company’s stock after buying an additional 4,871 shares during the quarter. WCG Wealth Advisors LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $710,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in SDVY. Capital Investment Advisors LLC increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 38,705.4% in the second quarter. Capital Investment Advisors LLC now owns 3,007,808 shares of the company’s stock valued at $100,401,000 after buying an additional 3,000,057 shares in the last quarter. LPL Financial LLC increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 15.9% in the second quarter. LPL Financial LLC now owns 15,358,397 shares of the company’s stock valued at $512,663,000 after buying an additional 2,105,789 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 81.4% in the fourth quarter. Wells Fargo & Company MN now owns 4,477,768 shares of the company’s stock valued at $146,736,000 after buying an additional 2,009,597 shares in the last quarter. Cetera Investment Advisers increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 205.3% in the first quarter. Cetera Investment Advisers now owns 1,840,629 shares of the company’s stock valued at $64,091,000 after buying an additional 1,237,801 shares in the last quarter. Finally, Smith Chas P & Associates PA Cpas purchased a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the second quarter valued at $32,429,000.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Up 2.2 %

SDVY opened at $36.52 on Friday. The firm has a market cap of $5.48 billion, a P/E ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a 52 week low of $26.40 and a 52 week high of $37.25. The business’s fifty day simple moving average is $35.04 and its 200 day simple moving average is $34.11.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were paid a dividend of $0.1503 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.65%. The ex-dividend date of this dividend was Thursday, June 27th.

First Trust SMID Cap Rising Dividend Archievers ETF 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.