FT Vest SMID Rising Dividend Achievers Target Income ETF $SDVD Shares Purchased by RFG Advisory LLC

RFG Advisory LLC boosted its stake in FT Vest SMID Rising Dividend Achievers Target Income ETF (BATS:SDVD) by 63.9% during the 1st quarter, Holdings Channel reports. The institutional investor owned 69,137 shares of the company’s stock after acquiring an additional 26,962 shares during the period. RFG Advisory LLC’s holdings in FT Vest SMID Rising Dividend Achievers Target Income ETF were worth $1,500,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Creative Financial Designs Inc. ADV purchased a new position in FT Vest SMID Rising Dividend Achievers Target Income ETF during the fourth quarter worth about $5,033,000. Janney Montgomery Scott LLC increased its position in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF by 5.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 175,502 shares of the company’s stock valued at $3,766,000 after acquiring an additional 9,318 shares during the last quarter. IFP Advisors Inc raised its stake in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF by 59.3% in the 3rd quarter. IFP Advisors Inc now owns 123,330 shares of the company’s stock valued at $2,666,000 after acquiring an additional 45,892 shares during the period. MTM Investment Management LLC raised its stake in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF by 3.2% in the 4th quarter. MTM Investment Management LLC now owns 97,705 shares of the company’s stock valued at $2,097,000 after acquiring an additional 3,000 shares during the period. Finally, Cambridge Advisors Inc. lifted its holdings in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF by 7.0% in the 1st quarter. Cambridge Advisors Inc. now owns 62,897 shares of the company’s stock worth $1,365,000 after acquiring an additional 4,099 shares during the last quarter.

FT Vest SMID Rising Dividend Achievers Target Income ETF Stock Performance

BATS:SDVD opened at $23.10 on Friday. The stock has a market capitalization of $568.26 million, a P/E ratio of 14.54 and a beta of 1.09. The company has a 50 day moving average price of $22.62 and a 200 day moving average price of $22.42. FT Vest SMID Rising Dividend Achievers Target Income ETF has a fifty-two week low of $20.23 and a fifty-two week high of $23.65.

FT Vest SMID Rising Dividend Achievers Target Income ETF Company Profile

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.