Richmond Investment Services Trims $6 Million from First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) Position
The Motley Fool·2025-12-09 19:27
Richmond appears to have taken a quick profit from holding SDVY over the last year, but the ETF remains its tenth-largest position.Richmond Investment Services, LLC disclosed a significant reduction in its holding of First Trust SMID Cap Rising Dividend Achievers ETF (SDVY +0.12%), trimming the position by $6.31 million, per its Nov. 12, 2025, SEC filing.What happenedAccording to a Nov. 12, 2025, SEC filing, Richmond Investment Services, LLC sold 206,264 shares of First Trust SMID Cap Rising Dividend Achiev ...