Brookstone Capital Management Buys 17,249 Shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Brookstone Capital Management raised its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 73.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 40,673 shares of the company’s stock after acquiring an additional 17,249 shares during the quarter. Brookstone Capital Management’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $1,458,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. EWG Elevate Inc. boosted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 2.9% in the 4th quarter. EWG Elevate Inc. now owns 81,473 shares of the company’s stock worth $2,921,000 after purchasing an additional 2,286 shares in the last quarter. Aprio Wealth Management LLC boosted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 8.5% in the 4th quarter. Aprio Wealth Management LLC now owns 201,302 shares of the company’s stock worth $7,217,000 after purchasing an additional 15,819 shares in the last quarter. ORG Partners LLC boosted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 202.5% in the 4th quarter. ORG Partners LLC now owns 6,050 shares of the company’s stock worth $217,000 after purchasing an additional 4,050 shares in the last quarter. First Hawaiian Bank boosted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 68.1% in the 4th quarter. First Hawaiian Bank now owns 92,134 shares of the company’s stock worth $3,303,000 after purchasing an additional 37,321 shares in the last quarter. Finally, Private Client Services LLC boosted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 9.9% in the 4th quarter. Private Client Services LLC now owns 8,086 shares of the company’s stock worth $290,000 after purchasing an additional 726 shares in the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

First Trust SMID Cap Rising Dividend Archievers ETF stock opened at $37.31 on Thursday. The stock has a market capitalization of $8.02 billion, a price-to-earnings ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a 1-year low of $30.93 and a 1-year high of $40.60. The business has a fifty day moving average price of $37.65 and a 200-day moving average price of $36.17.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

The company also recently announced 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.

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.