Western Wealth Management LLC Has $10.41 Million Stock Holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Western Wealth Management LLC increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 78.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 317,507 shares of the company’s stock after acquiring an additional 139,214 shares during the quarter. First Trust SMID Cap Rising Dividend Archievers ETF comprises about 0.8% of Western Wealth Management LLC’s investment portfolio, making the stock its 25th largest position. Western Wealth Management LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $10,405,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Waterfront Wealth Inc. acquired a new position in First Trust SMID Cap Rising Dividend Archievers ETF in the fourth quarter valued at about $214,000. Ergawealth Advisors Inc. lifted its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 7.6% in the fourth quarter. Ergawealth Advisors Inc. now owns 279,397 shares of the company’s stock valued at $9,156,000 after buying an additional 19,628 shares during the period. PCG Wealth Advisors LLC lifted its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 15.9% in the fourth quarter. PCG Wealth Advisors LLC now owns 60,576 shares of the company’s stock valued at $1,985,000 after buying an additional 8,300 shares during the period. Root Financial Partners LLC lifted its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 6.4% in the fourth quarter. Root Financial Partners LLC now owns 44,919 shares of the company’s stock valued at $1,472,000 after buying an additional 2,699 shares during the period. Finally, DHJJ Financial Advisors Ltd. lifted its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 111.2% in the fourth quarter. DHJJ Financial Advisors Ltd. now owns 5,743 shares of the company’s stock valued at $188,000 after buying an additional 3,024 shares during the period.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Performance

NASDAQ:SDVY remained flat at $32.33 during mid-day trading on Thursday. The company’s stock had a trading volume of 924,584 shares, compared to its average volume of 1,128,668. First Trust SMID Cap Rising Dividend Archievers ETF has a 1 year low of $24.70 and a 1 year high of $34.96. The company has a fifty day moving average price of $33.28 and a two-hundred day moving average price of $31.20. The stock has a market capitalization of $3.81 billion, a price-to-earnings ratio of 7.92 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were paid a $0.1032 dividend. This represents a $0.41 annualized dividend and a yield of 1.28%. The ex-dividend date of this dividend was Thursday, March 21st.

About First Trust SMID Cap Rising Dividend Archievers 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.