First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Position Lessened by Daymark Wealth Partners LLC

Daymark Wealth Partners LLC lowered its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 6.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 203,572 shares of the company’s stock after selling 13,787 shares during the quarter. Daymark Wealth Partners LLC owned approximately 0.08% of First Trust SMID Cap Rising Dividend Achievers ETF worth $7,801,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Valley National Advisers Inc. lifted its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 0.5% in the third quarter. Valley National Advisers Inc. now owns 58,799 shares of the company’s stock valued at $2,235,000 after buying an additional 282 shares during the last quarter. Purus Wealth Management LLC grew its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 0.5% during the third quarter. Purus Wealth Management LLC now owns 52,491 shares of the company’s stock worth $1,996,000 after acquiring an additional 284 shares during the last quarter. Cary Street Partners Financial LLC grew its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 1.4% during the third quarter. Cary Street Partners Financial LLC now owns 22,510 shares of the company’s stock worth $856,000 after acquiring an additional 300 shares during the last quarter. MinichMacGregor Wealth Management LLC increased its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 5.1% in the 3rd quarter. MinichMacGregor Wealth Management LLC now owns 6,212 shares of the company’s stock worth $236,000 after acquiring an additional 302 shares during the period. Finally, Partners Wealth Management LLC increased its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 1.3% in the 3rd quarter. Partners Wealth Management LLC now owns 26,508 shares of the company’s stock worth $1,008,000 after acquiring an additional 334 shares during the period.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Up 0.8%

Shares of NASDAQ:SDVY opened at $39.69 on Wednesday. The company’s 50-day moving average price is $40.94 and its 200 day moving average price is $39.14. The company has a market cap of $9.95 billion, a PE ratio of 14.54 and a beta of 1.12. First Trust SMID Cap Rising Dividend Achievers ETF has a fifty-two week low of $28.84 and a fifty-two week high of $42.89.

First Trust SMID Cap Rising Dividend Achievers 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.