Aprio Wealth Management LLC Boosts Holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Aprio Wealth Management LLC increased its holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 2.0% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 129,778 shares of the company’s stock after acquiring an additional 2,592 shares during the quarter. First Trust SMID Cap Rising Dividend Archievers ETF accounts for 1.0% of Aprio Wealth Management LLC’s portfolio, making the stock its 19th largest position. Aprio Wealth Management LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $3,674,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in SDVY. FMR LLC boosted its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 171.9% in the first quarter. FMR LLC now owns 968 shares of the company’s stock worth $26,000 after buying an additional 612 shares during the last quarter. TimeScale Financial Inc. purchased a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the first quarter valued at approximately $35,000. WealthPLAN Partners LLC purchased a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the first quarter valued at approximately $49,000. Blair William & Co. IL lifted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 276.7% during the first quarter. Blair William & Co. IL now owns 1,940 shares of the company’s stock valued at $54,000 after purchasing an additional 1,425 shares in the last quarter. Finally, Coppell Advisory Solutions Corp. purchased a new position in First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter valued at approximately $64,000.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Down 0.3 %

NASDAQ:SDVY traded down $0.08 during trading hours on Tuesday, hitting $28.76. 1,902,322 shares of the stock traded hands, compared to its average volume of 276,743. First Trust SMID Cap Rising Dividend Archievers ETF has a 1 year low of $22.77 and a 1 year high of $30.43. The company has a market cap of $1.24 billion, a price-to-earnings ratio of 7.66 and a beta of 1.18. The stock has a 50 day moving average price of $29.49 and a 200 day moving average price of $27.55.

First Trust SMID Cap Rising Dividend Archievers ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 30th. Shareholders of record on Wednesday, June 28th were issued a dividend of $0.2077 per share. The ex-dividend date of this dividend was Tuesday, June 27th. This represents a $0.83 annualized dividend and a yield of 2.89%. This is an increase from First Trust SMID Cap Rising Dividend Archievers ETF’s previous quarterly dividend of $0.13.

First Trust SMID Cap Rising Dividend Archievers ETF Company 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.