Clarus Wealth Advisors Makes New $212,000 Investment in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Clarus Wealth Advisors acquired a new stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 5,849 shares of the company’s stock, valued at approximately $212,000.

Several other institutional investors also recently modified their holdings of the company. Osaic Holdings Inc. boosted its position in First Trust SMID Cap Rising Dividend Archievers ETF by 7.6% during the first quarter. Osaic Holdings Inc. now owns 1,769,500 shares of the company’s stock worth $61,619,000 after purchasing an additional 125,091 shares during the period. B. Riley Wealth Advisors Inc. boosted its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 76.0% during the 4th quarter. B. Riley Wealth Advisors Inc. now owns 34,027 shares of the company’s stock worth $1,115,000 after buying an additional 14,689 shares during the period. Leo Wealth LLC acquired a new position in First Trust SMID Cap Rising Dividend Archievers ETF in the 4th quarter valued at about $1,562,000. Founders Financial Securities LLC bought a new position in First Trust SMID Cap Rising Dividend Archievers ETF in the 1st quarter valued at about $284,000. Finally, Fifth Third Bancorp acquired a new stake in First Trust SMID Cap Rising Dividend Archievers ETF during the second quarter worth approximately $298,000.

First Trust SMID Cap Rising Dividend Archievers ETF Trading Up 0.6 %

First Trust SMID Cap Rising Dividend Archievers ETF stock opened at $36.26 on Thursday. The stock’s 50 day moving average is $35.16 and its 200-day moving average is $34.37. First Trust SMID Cap Rising Dividend Archievers ETF has a 12 month low of $26.40 and a 12 month high of $37.25. The company has a market capitalization of $6.14 billion, a price-to-earnings ratio of 8.30 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a dividend of $0.1383 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.55 dividend on an annualized basis and a dividend yield of 1.53%.

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.