Maia Wealth LLC Trims Holdings in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Maia Wealth LLC decreased its holdings in First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 20.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 102,021 shares of the company’s stock after selling 25,439 shares during the quarter. First Trust SMID Cap Rising Dividend Achievers ETF comprises 0.7% of Maia Wealth LLC’s investment 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 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Main Street Financial Solutions LLC raised its position in First Trust SMID Cap Rising Dividend Achievers ETF by 246.2% in the 4th quarter. Main Street Financial Solutions LLC now owns 110,789 shares of the company’s stock valued at $4,245,000 after purchasing an additional 78,784 shares during the last quarter. AQR Capital Management LLC increased its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 28.7% in the 4th quarter. AQR Capital Management LLC now owns 28,979 shares of the company’s stock valued at $1,110,000 after buying an additional 6,466 shares during the period. Cetera Investment Advisers increased its stake 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 valued at $295,675,000 after buying an additional 451,662 shares during the period. Hilltop Holdings Inc. increased its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 8.1% in the 4th quarter. Hilltop Holdings Inc. now owns 46,657 shares of the company’s stock valued at $1,788,000 after buying an additional 3,490 shares during the period. Finally, Equitable Holdings Inc. increased its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 10.1% in the 4th quarter. Equitable Holdings Inc. now owns 561,529 shares of the company’s stock valued at $21,518,000 after buying an additional 51,337 shares during the period.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Performance

Shares of SDVY opened at $41.97 on Thursday. The stock has a market capitalization of $10.86 billion, a P/E ratio of 14.54 and a beta of 1.01. The company’s fifty day moving average is $41.66 and its two-hundred day moving average is $40.65. First Trust SMID Cap Rising Dividend Achievers ETF has a 1 year low of $34.21 and a 1 year high of $42.90.

First Trust SMID Cap Rising Dividend Achievers ETF Cuts Dividend

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

First Trust SMID Cap Rising Dividend Achievers ETF Profile

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.