FinTrust Capital Advisors LLC recently acquired a new stake in First Trust SMID Cap Rising Dividend Achievers ETF, investing $334,000 during the 1st quarter, as disclosed in their latest filing with the SEC. Hedge Funds Increase Stake
Other hedge funds have also shown interest in the company. Benjamin Edwards Inc. entered the market with a new position worth $32,000, while Harbor Investment Advisory LLC expanded its holding by 123.0% in the 4th quarter. VitalStone Financial LLC and TD Capital Management LLC also joined in with new purchases, adding diversity to the investor base. Pinnacle Bancorp Inc. witnessed a significant increase in their stake during the first quarter. NASDAQ SDVY Trading Up
The shares of NASDAQ SDVY experienced a 0.5% increase, trading at $32.82 during Monday's trading session. With a market cap of $4.55 billion, the company's stock has a price-to-earnings ratio of 8.30 and a beta of 1.18. The stock's 50-day moving average stands at $33.70 with the 200-day moving average at $33.16. Dividend Announcement
First Trust SMID Cap Rising Dividend Achievers ETF recently declared a quarterly dividend that was paid out on June 28th. Shareholders of record on June 27th received a $0.1503 dividend, reflecting an annualized yield of 1.83%. The ex-dividend date for this payment was also on June 27th. Company Overview
The First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) is an exchange-traded fund focused on extended market equity investments. Launched on Nov 1, 2017, the fund is managed by First Trust and tracks an equal-weighted index of small- and mid-cap US companies with a history of increasing dividends and meeting specific fundamental criteria. For more information on hedge fund holdings and insider trades related to SDVY, visit HoldingsChannel.com. Stay updated on the latest news and analysis of First Trust SMID Cap Rising Dividend Achievers ETF by subscribing to their daily email newsletter on MarketBeat.com.