Focus Financial Network Inc. Grows Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Focus Financial Network Inc. boosted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 6.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 169,554 shares of the company’s stock after purchasing an additional 10,660 shares during the period. Focus Financial Network Inc. owned about 0.08% of First Trust SMID Cap Rising Dividend Archievers ETF worth $6,079,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. CWM LLC increased its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 173.9% in the third quarter. CWM LLC now owns 8,404 shares of the company’s stock worth $306,000 after purchasing an additional 5,336 shares during the period. Koshinski Asset Management Inc. grew its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 13.6% in the third quarter. Koshinski Asset Management Inc. now owns 47,403 shares of the company’s stock worth $1,725,000 after purchasing an additional 5,681 shares during the last quarter. Redhawk Wealth Advisors Inc. increased its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 8.6% in the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 129,104 shares of the company’s stock worth $4,697,000 after buying an additional 10,198 shares during the period. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 36.4% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 41,178 shares of the company’s stock valued at $1,498,000 after buying an additional 10,987 shares in the last quarter. Finally, ORG Partners LLC purchased a new stake in First Trust SMID Cap Rising Dividend Archievers ETF in the 3rd quarter valued at about $73,000.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

Shares of SDVY stock opened at $36.92 on Tuesday. The company has a market capitalization of $8.23 billion, a P/E ratio of 8.30 and a beta of 1.18. The company’s 50-day simple moving average is $37.13 and its two-hundred day simple moving average is $36.56. First Trust SMID Cap Rising Dividend Archievers ETF has a one year low of $31.50 and a one year high of $40.60.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a $0.1821 dividend. The ex-dividend date was Friday, December 13th.

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.