Chris Bulman Inc Acquires 19,587 Shares of First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Chris Bulman Inc increased its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 21.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 111,670 shares of the company’s stock after acquiring an additional 19,587 shares during the period. First Trust SMID Cap Rising Dividend Achievers ETF comprises about 1.9% of Chris Bulman Inc’s investment portfolio, making the stock its 14th biggest position. Chris Bulman Inc’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $4,279,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in SDVY. Focus Partners Wealth boosted its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 41.2% during the first quarter. Focus Partners Wealth now owns 43,712 shares of the company’s stock valued at $1,464,000 after purchasing an additional 12,748 shares in the last quarter. Creative Planning raised its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 31.9% in the 2nd quarter. Creative Planning now owns 9,390 shares of the company’s stock worth $331,000 after buying an additional 2,270 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 29.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,939,333 shares of the company’s stock worth $68,420,000 after buying an additional 445,817 shares during the period. Pursue Wealth Partners LLC lifted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 106.3% during the 2nd quarter. Pursue Wealth Partners LLC now owns 30,319 shares of the company’s stock worth $1,070,000 after buying an additional 15,620 shares during the period. Finally, VestGen Advisors LLC boosted its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 20.7% in the 2nd quarter. VestGen Advisors LLC now owns 247,589 shares of the company’s stock valued at $8,735,000 after buying an additional 42,382 shares in the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

Shares of NASDAQ:SDVY opened at $38.71 on Friday. The business’s fifty day moving average price is $40.87 and its two-hundred day moving average price is $39.15. 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. The stock has a market capitalization of $9.70 billion, a price-to-earnings ratio of 14.54 and a beta of 1.12.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th will be issued a $0.0976 dividend. The ex-dividend date of this dividend is Thursday, March 26th. This represents a $0.39 annualized dividend and a dividend yield of 1.0%.

About First Trust SMID Cap Rising Dividend Achievers 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.