Maia Wealth LLC Reduces Position in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Maia Wealth LLC cut its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 20.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 102,021 shares of the company’s stock after selling 25,439 shares during the period. First Trust SMID Cap Rising Dividend Achievers ETF makes up 0.7% of Maia Wealth LLC’s portfolio, making the stock its 29th largest holding. Maia Wealth LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $4,266,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in SDVY. Focus Partners Wealth boosted its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 41.2% during the 1st quarter. Focus Partners Wealth now owns 43,712 shares of the company’s stock worth $1,464,000 after purchasing an additional 12,748 shares during the period. Creative Planning boosted its position in First Trust SMID Cap Rising Dividend Achievers ETF by 31.9% in the 2nd quarter. Creative Planning now owns 9,390 shares of the company’s stock valued at $331,000 after buying an additional 2,270 shares during the period. Brown Advisory Inc. boosted its position in First Trust SMID Cap Rising Dividend Achievers ETF by 4.6% in the 2nd quarter. Brown Advisory Inc. now owns 14,098 shares of the company’s stock valued at $497,000 after buying an additional 621 shares during the period. Cerity Partners LLC purchased a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the 2nd quarter valued at about $1,897,000. Finally, Qube Research & Technologies Ltd boosted its position in First Trust SMID Cap Rising Dividend Achievers ETF by 189.9% in the 2nd quarter. Qube Research & Technologies Ltd now owns 368,711 shares of the company’s stock valued at $13,008,000 after buying an additional 241,547 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 $41.97 on Thursday. The stock has a market cap of $10.86 billion, a price-to-earnings ratio of 14.54 and a beta of 1.01. First Trust SMID Cap Rising Dividend Achievers ETF has a 1 year low of $34.21 and a 1 year high of $42.90. The firm has a 50-day moving average of $41.66 and a two-hundred day moving average of $40.65.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were given a $0.0976 dividend. 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.

About First Trust SMID Cap Rising Dividend Achievers ETF

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.