BlueChip Wealth Advisors LLC Takes Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

BlueChip Wealth Advisors LLC purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) in the fourth quarter, according to its most recent 13F filing with the SEC. The fund purchased 54,140 shares of the company’s stock, valued at approximately $1,774,000. First Trust SMID Cap Rising Dividend Archievers ETF makes up 1.2% of BlueChip Wealth Advisors LLC’s investment portfolio, making the stock its 19th largest position.

A number of other hedge funds have also recently made changes to their positions in the company. Harbor Investment Advisory LLC lifted its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 123.0% during the 4th quarter. Harbor Investment Advisory LLC now owns 970 shares of the company’s stock worth $32,000 after acquiring an additional 535 shares during the last quarter. VitalStone Financial LLC bought a new stake in First Trust SMID Cap Rising Dividend Archievers ETF in the fourth quarter worth $39,000. TD Capital Management LLC lifted its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 27.7% in the fourth quarter. TD Capital Management LLC now owns 2,026 shares of the company’s stock worth $66,000 after purchasing an additional 439 shares during the last quarter. CWM LLC bought a new stake in First Trust SMID Cap Rising Dividend Archievers ETF in the fourth quarter worth $107,000. 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 worth $188,000 after purchasing an additional 3,024 shares during the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

First Trust SMID Cap Rising Dividend Archievers ETF stock traded up $0.45 during mid-day trading on Monday, hitting $33.24. The company’s stock had a trading volume of 571,909 shares, compared to its average volume of 1,045,195. The stock has a market cap of $4.04 billion, a price-to-earnings ratio of 8.30 and a beta of 1.18. The business has a 50 day moving average price of $33.67 and a 200-day moving average price of $32.97. First Trust SMID Cap Rising Dividend Archievers ETF has a 12 month low of $26.40 and a 12 month high of $34.97.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

The firm also recently declared 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 1.24%. The ex-dividend date 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.