Royal Bank of Canada Purchases 322,622 Shares of First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Posted by Brenda Bartman on Jul 30th, 2026

Royal Bank of Canada increased its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY – Free Report) by 5.1% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 6,670,911 shares of the company’s stock after buying an additional 322,622 shares during the quarter. Royal Bank of Canada’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $263,034,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Raymond James Financial Inc. grew its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 9.8% in the fourth quarter. Raymond James Financial Inc. now owns 14,105,263 shares of the company’s stock valued at $540,514,000 after acquiring an additional 1,261,249 shares during the period. LPL Financial LLC raised its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 4.8% during the fourth quarter. LPL Financial LLC now owns 24,892,169 shares of the company’s stock worth $953,868,000 after purchasing an additional 1,135,800 shares during the period. Elevation Point Wealth Partners LLC raised its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 14,172.1% during the first quarter. Elevation Point Wealth Partners LLC now owns 1,039,862 shares of the company’s stock worth $41,002,000 after purchasing an additional 1,032,576 shares during the period. Axxcess Wealth Management LLC raised its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 4,508.1% during the fourth quarter. Axxcess Wealth Management LLC now owns 806,331 shares of the company’s stock worth $30,899,000 after purchasing an additional 788,833 shares during the period. Finally, Decker Wealth Management LLC bought a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the 1st quarter worth $24,789,000.

First Trust SMID Cap Rising Dividend Achievers ETF Trading Down 1.1%

NASDAQ SDVY opened at $43.66 on Thursday. The company has a fifty day simple moving average of $42.47 and a 200 day simple moving average of $41.52. First Trust SMID Cap Rising Dividend Achievers ETF has a 12-month low of $35.03 and a 12-month high of $44.19. The company has a market cap of $11.53 billion, a P/E ratio of 14.54 and a beta of 1.01.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were issued a dividend of $0.0901 per share. The ex-dividend date was Thursday, June 25th. This represents a $0.36 annualized dividend and a 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.