FT Vest SMID Rising Dividend Achievers Target Income ETF $SDVD Stock Holdings Increased by Royal Bank of Canada

Royal Bank of Canada grew its holdings in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF (BATS:SDVD) by 22.8% in the first quarter, HoldingsChannel reports. The fund owned 593,903 shares of the company’s stock after buying an additional 110,103 shares during the period. Royal Bank of Canada’s holdings in FT Vest SMID Rising Dividend Achievers Target Income ETF were worth $12,887,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Independent Financial Group LLC bought a new stake in FT Vest SMID Rising Dividend Achievers Target Income ETF in the first quarter worth about $1,195,000. Cetera Investment Advisers boosted its position in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF by 38.8% during the 1st quarter. Cetera Investment Advisers now owns 701,260 shares of the company’s stock valued at $15,217,000 after purchasing an additional 195,971 shares in the last quarter. RFG Advisory LLC boosted its position in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF by 63.9% during the 1st quarter. RFG Advisory LLC now owns 69,137 shares of the company’s stock valued at $1,500,000 after purchasing an additional 26,962 shares in the last quarter. Wealthspire Retirement LLC acquired a new position in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF in the 1st quarter worth approximately $13,996,000. Finally, Creative Financial Designs Inc. ADV bought a new stake in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF in the 4th quarter worth approximately $5,033,000.

FT Vest SMID Rising Dividend Achievers Target Income ETF Stock Up 0.2%

Shares of FT Vest SMID Rising Dividend Achievers Target Income ETF stock opened at $23.83 on Friday. FT Vest SMID Rising Dividend Achievers Target Income ETF has a 12-month low of $20.55 and a 12-month high of $24.06. The firm has a market capitalization of $586.22 million, a PE ratio of 14.54 and a beta of 1.09. The stock’s fifty day moving average is $23.00 and its 200-day moving average is $22.70.

About FT Vest SMID Rising Dividend Achievers Target Income ETF

The FT Vest SMID Rising Dividend Achievers Target Income ETF (SDVD) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed fund that seeks to provide a target level of current income and capital appreciation by holding a portfolio of dividend-paying small- and mid-cap companies. The fund also utilizes a naked call writing option strategy on the Russell 2000 Index (RUT) or related ETFs. SDVD was launched on Aug 9, 2023 and is issued by First Trust.