First Trust SMID Cap Rising Dividend Achievers ETF

Ergawealth Advisors sold 126,710 shares of the First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) in Q4, worth approximately $4.81 million. The sale reduced SDVY from 3.3% to 1.09% of the firm's assets, suggesting a strategic reallocation toward higher-income strategies. While SDVY has performed adequately with an 8% one-year gain, its ret...

Richmond Investment Services reduced its holdings in the First Trust SMID Cap Rising Dividend Achievers ETF by 206,264 shares, decreasing the position's value by $6.31 million while maintaining it as its tenth-largest holding.

Crumly & Associates Inc. increased its stake in First Trust SMID Cap Rising Dividend Achievers ETF to 387,258 shares, representing 3.33% of its assets under management. The ETF tracks small and mid-cap U.S. companies with consistent dividend growth, but faces potential challenges from high interest rates.

I was not happy to see so much selling into strength last Friday, the last day of the quarter – following what should have been encouraging inflation news.

Four stocks in the S&P 500 have a lower earnings multiple than the 4.9 percentage point gap between the average and median multiple of the index’s components. Click to read more.