D.A. Davidson & CO. Buys 63,777 Shares of First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Posted by Stanley Muller on Jul 16th, 2026

D.A. Davidson & CO. increased its stake in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY – Free Report) by 9.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 736,973 shares of the company’s stock after buying an additional 63,777 shares during the quarter. D.A. Davidson & CO. owned about 0.28% of First Trust SMID Cap Rising Dividend Achievers ETF worth $29,059,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. LPL Financial LLC raised its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 4.8% in the fourth 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 period. Morgan Stanley boosted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 0.7% during the 4th quarter. Morgan Stanley now owns 17,946,856 shares of the company’s stock worth $687,724,000 after purchasing an additional 130,885 shares during the period. Raymond James Financial Inc. grew its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 9.8% during the 4th quarter. Raymond James Financial Inc. now owns 14,105,263 shares of the company’s stock valued at $540,514,000 after purchasing an additional 1,261,249 shares during the last quarter. Bank of America Corp DE grew its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 8.3% during the 3rd 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, Cetera Investment Advisers raised its position in First Trust SMID Cap Rising Dividend Achievers ETF by 6.2% in the 4th quarter. Cetera Investment Advisers now owns 7,715,939 shares of the company’s stock worth $295,675,000 after purchasing an additional 451,662 shares during the period.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

First Trust SMID Cap Rising Dividend Achievers ETF stock opened at $43.04 on Thursday. The firm has a market capitalization of $11.36 billion, a P/E ratio of 14.54 and a beta of 1.01. First Trust SMID Cap Rising Dividend Achievers ETF has a 1-year low of $35.03 and a 1-year high of $43.63. The company’s 50-day moving average is $42.05 and its 200 day moving average is $41.22.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were paid a dividend of $0.0901 per share. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.8%.

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.