MML Investors Services LLC Grows Stock Position in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Posted by Brian Himes on Jun 16th, 2026

MML Investors Services LLC increased its position in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY – Free Report) by 3.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,664,664 shares of the company’s stock after acquiring an additional 63,075 shares during the quarter. MML Investors Services LLC owned about 0.66% of First Trust SMID Cap Rising Dividend Achievers ETF worth $63,790,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. LPL Financial LLC boosted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 4.8% during the 4th quarter. LPL Financial LLC now owns 24,892,169 shares of the company’s stock valued at $953,868,000 after acquiring an additional 1,135,800 shares during the last quarter. Morgan Stanley increased its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 0.7% during the fourth quarter. Morgan Stanley now owns 17,946,856 shares of the company’s stock valued at $687,724,000 after buying an additional 130,885 shares during the period. Raymond James Financial Inc. grew its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 6.9% in the third quarter. Raymond James Financial Inc. now owns 12,844,014 shares of the company’s stock valued at $488,323,000 after purchasing an additional 825,345 shares during the last quarter. Bank of America Corp DE grew its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 8.3% in the third quarter. Bank of America Corp DE now owns 7,982,389 shares of the company’s stock valued at $303,486,000 after purchasing an additional 614,123 shares during the last quarter. Finally, UBS Group AG grew its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 2.9% during the fourth quarter. UBS Group AG now owns 6,941,165 shares of the company’s stock worth $265,985,000 after acquiring an additional 194,373 shares during the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Up 0.0%

First Trust SMID Cap Rising Dividend Achievers ETF stock opened at $42.39 on Tuesday. First Trust SMID Cap Rising Dividend Achievers ETF has a 52 week low of $34.21 and a 52 week high of $42.90. The company has a market capitalization of $10.97 billion, a price-to-earnings ratio of 14.54 and a beta of 1.01. The stock has a 50-day moving average price of $41.57 and a 200 day moving average price of $40.60.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were paid a dividend of $0.0976 per share. This represents a $0.39 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend was Thursday, March 26th.

First Trust SMID Cap Rising Dividend Achievers ETF Company Profile

(Free Report)

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.