Hickory Asset Management Inc. Makes New Investment in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Hickory Asset Management Inc. acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 60,102 shares of the company’s stock, valued at approximately $2,155,000. First Trust SMID Cap Rising Dividend Archievers ETF makes up approximately 1.8% of Hickory Asset Management Inc.’s holdings, making the stock its 15th biggest position.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Farmers & Merchants Investments Inc. purchased a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 4th quarter valued at $26,000. National Bank of Canada FI bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the 3rd quarter valued at $27,000. Grove Bank & Trust bought a new stake in First Trust SMID Cap Rising Dividend Archievers ETF in the 4th quarter worth $27,000. Pineridge Advisors LLC grew its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 138.9% in the 4th quarter. Pineridge Advisors LLC now owns 762 shares of the company’s stock worth $27,000 after acquiring an additional 443 shares during the last quarter. Finally, FSC Wealth Advisors LLC bought a new stake in First Trust SMID Cap Rising Dividend Archievers ETF in the 4th quarter worth $29,000.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Up 1.0 %

Shares of First Trust SMID Cap Rising Dividend Archievers ETF stock opened at $36.99 on Friday. The firm has a market cap of $8.24 billion, a PE ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a 12-month low of $32.05 and a 12-month high of $40.60. The company’s fifty day simple moving average is $36.91 and its two-hundred day simple moving average is $36.57.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued 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.