FT Vest SMID Rising Dividend Achievers Target Income ETF $SDVD Shares Bought by IFP Advisors Inc

IFP Advisors Inc lifted its stake in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF (BATS:SDVD) by 33.0% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 203,442 shares of the company’s stock after acquiring an additional 50,524 shares during the quarter. IFP Advisors Inc’s holdings in FT Vest SMID Rising Dividend Achievers Target Income ETF were worth $4,697,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of SDVD. Schulz Wealth LTD. acquired a new stake in FT Vest SMID Rising Dividend Achievers Target Income ETF during the 2nd quarter worth $547,000. Ameritas Advisory Services LLC purchased a new position in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF during the second quarter worth about $828,000. Concurrent Investment Advisors LLC increased its position in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF by 20.1% during the second quarter. Concurrent Investment Advisors LLC now owns 48,485 shares of the company’s stock worth $1,120,000 after purchasing an additional 8,116 shares in the last quarter. Luken Investment Analytics LLC acquired a new stake in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF during the second quarter worth about $12,690,000. Finally, Triumph Capital Management lifted its holdings in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF by 22.1% in the 2nd quarter. Triumph Capital Management now owns 19,162 shares of the company’s stock valued at $442,000 after purchasing an additional 3,466 shares during the last quarter.

FT Vest SMID Rising Dividend Achievers Target Income ETF Stock Down 0.7%

Shares of BATS SDVD opened at $22.46 on Friday. The stock has a market cap of $552.52 million, a PE ratio of 14.54 and a beta of 1.09. FT Vest SMID Rising Dividend Achievers Target Income ETF has a 52-week low of $20.55 and a 52-week high of $24.06. The business has a 50-day moving average price of $23.30 and a 200 day moving average price of $22.77.

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.