Wealthspire Retirement LLC Invests $14 Million in FT Vest SMID Rising Dividend Achievers Target Income ETF $SDVD

Wealthspire Retirement LLC purchased a new position in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF (BATS:SDVD) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 645,000 shares of the company’s stock, valued at approximately $13,996,000. Wealthspire Retirement LLC owned about 2.62% of FT Vest SMID Rising Dividend Achievers Target Income ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of SDVD. MTM Investment Management LLC grew its position in FT Vest SMID Rising Dividend Achievers Target Income ETF by 11.1% in the 1st quarter. MTM Investment Management LLC now owns 108,540 shares of the company’s stock valued at $2,355,000 after acquiring an additional 10,835 shares during the last quarter. Independent Financial Group LLC bought a new stake in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF during the first quarter worth $1,195,000. Geneos Wealth Management Inc. boosted its stake in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF by 100.0% during the first quarter. Geneos Wealth Management Inc. now owns 2,400 shares of the company’s stock valued at $52,000 after purchasing an additional 1,200 shares during the period. International Assets Investment Management LLC boosted its stake in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF by 6.4% during the first quarter. International Assets Investment Management LLC now owns 64,611 shares of the company’s stock valued at $1,414,000 after purchasing an additional 3,874 shares during the period. Finally, Kestra Advisory Services LLC boosted its stake in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF by 20.5% during the first quarter. Kestra Advisory Services LLC now owns 522,516 shares of the company’s stock valued at $11,339,000 after purchasing an additional 88,903 shares during the period.

FT Vest SMID Rising Dividend Achievers Target Income ETF Trading Down 0.2%

BATS SDVD opened at $22.97 on Thursday. The stock has a market cap of $565.06 million, a PE ratio of 14.54 and a beta of 1.09. FT Vest SMID Rising Dividend Achievers Target Income ETF has a 12 month low of $20.23 and a 12 month high of $23.65. The company’s 50-day moving average price is $22.72 and its 200-day moving average price is $22.59.

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.