First Trust SMID Cap Rising Dividend Achievers ETF

SDVY

Market cap $9.94B

The First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) made its debut on 11/01/2017, and is a smart beta exchange traded fund that provides broad exposure to the Style Box - Mid Cap Value category of the market.

Richmond sold 206,264 SDVY shares, decreasing position value by $6.31 million. The sale represents a 1.42% shift in 13F reportable AUM.

Uniting Wealth Partners bought 200,141 shares of First Trust SMID Cap Rising Dividend Achievers ETF, worth around $7.61 million at the end of Q3. SDVY accounts for 1.8% of the firm's AUM, placing it in the fund's top ten holdings.

Uniting Wealth Partners bought 200,141 shares of First Trust SMID Cap Rising Dividend Achievers ETF, worth around $7.61 million at the end of Q3. SDVY accounts for 1.8% of the firm's AUM, placing it in the fund's top ten holdings.

The Index tracked by the First Trust SMID Cap Rising Dividend Achievers updated its strategy in March, and from a total returns and fundamentals perspective, the update was positive. Now holding nearly double the number of securities at 181, SDVY is better able to respond to fast-changing markets with frequent sub-portfolio reconstitutions. My analysis reveals SDVY has solved its earnings growth problem, with current components averaging nearly 13% annualized growth over the last three years and a further 10% expected next year.

Designed to provide broad exposure to the Mid Cap Value segment of the US equity market, the First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) is a passively managed exchange traded fund launched on November 1, 2017.

Designed to provide broad exposure to the Style Box - Mid Cap Value category of the market, the First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) is a smart beta exchange traded fund launched on 11/01/2017.

If you're interested in broad exposure to the Mid Cap Value segment of the US equity market, look no further than the First Trust SMID Cap Rising Dividend Achievers ETF (SDVY), a passively managed exchange traded fund launched on November 1, 2017.

I rate SDVY a buy, as the Rising Dividend Achievers strategy delivers superior risk-adjusted returns in the small- and mid-cap segment. Mid-caps are attractively valued, historically outperform large-caps in cycles, and should benefit from upcoming interest rate cuts and industrialization trends. SDVY's portfolio offers higher quality, better growth, and lower valuation metrics than IJH, with strong exposure to financials and industrials.

Making its debut on 11/01/2017, smart beta exchange traded fund First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) provides investors broad exposure to the Style Box - Mid Cap Value category of the market.