First Trust SMID Cap Rising Dividend Achievers ETF $SDVY Stock: Sanchez Wealth Management Group Lowers Position

Posted by George Bondi on Nov 5th, 2026

Sanchez Wealth Management Group reduced its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY – Free Report) by 94.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 23,735 shares of the company’s stock after selling 442,869 shares during the period. First Trust SMID Cap Rising Dividend Achievers ETF accounts for about 2.9% of Sanchez Wealth Management Group’s holdings, making the stock its 16th biggest position. Sanchez Wealth Management Group’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $963,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SDVY. Bank of America Corp DE lifted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 6.3% during the 1st quarter. Bank of America Corp DE now owns 9,463,585 shares of the company’s stock worth $373,149,000 after buying an additional 564,137 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 2.9% in the first quarter. Cetera Investment Advisers now owns 7,943,362 shares of the company’s stock valued at $313,207,000 after acquiring an additional 227,423 shares in the last quarter. Royal Bank of Canada grew its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 5.1% in the first quarter. Royal Bank of Canada now owns 6,670,911 shares of the company’s stock valued at $263,034,000 after acquiring an additional 322,622 shares in the last quarter. Capital Investment Advisors LLC increased its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 2.6% during the third quarter. Capital Investment Advisors LLC now owns 4,853,868 shares of the company’s stock valued at $196,970,000 after acquiring an additional 123,083 shares during the last quarter. Finally, Park National Corp OH lifted its holdings in First Trust SMID Cap Rising Dividend Achievers ETF by 1.5% during the third quarter. Park National Corp OH now owns 3,584,904 shares of the company’s stock worth $145,475,000 after acquiring an additional 54,366 shares during the period.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

Shares of NASDAQ:SDVY opened at $43.31 on Thursday. First Trust SMID Cap Rising Dividend Achievers ETF has a 1 year low of $36.40 and a 1 year high of $45.11. The company has a market capitalization of $11.44 billion, a PE ratio of 14.54 and a beta of 1.02. The business has a fifty day moving average price of $42.05 and a two-hundred day moving average price of $41.95.

First Trust SMID Cap Rising Dividend Achievers ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were issued a $0.1002 dividend. This is an increase from First Trust SMID Cap Rising Dividend Achievers ETF’s previous quarterly dividend of $0.0901. The ex-dividend date of this dividend was Thursday, September 24th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.9%.

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.