Janney Montgomery Scott LLC Has $2.65 Million Stock Holdings in FT Vest SMID Rising Dividend Ac $SDVD

Janney Montgomery Scott LLC raised its stake in FT Vest SMID Rising Dividend Ac (NYSEARCA:SDVD) by 5.5% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 129,019 shares of the company’s stock after purchasing an additional 6,701 shares during the quarter. Janney Montgomery Scott LLC’s holdings in FT Vest SMID Rising Dividend Ac were worth $2,646,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. L.M. Kohn & Company acquired a new position in FT Vest SMID Rising Dividend Ac in the 1st quarter valued at approximately $223,000. NBC Securities Inc. acquired a new position in FT Vest SMID Rising Dividend Ac in the 1st quarter valued at approximately $44,000. Finally, SBI Securities Co. Ltd. increased its stake in FT Vest SMID Rising Dividend Ac by 1,015.7% in the 1st quarter. SBI Securities Co. Ltd. now owns 1,350 shares of the company’s stock valued at $27,000 after buying an additional 1,229 shares during the period.

FT Vest SMID Rising Dividend Ac Stock Down 1.1%

Shares of SDVD opened at $21.27 on Friday. The company’s fifty day moving average is $21.50 and its 200-day moving average is $20.54. FT Vest SMID Rising Dividend Ac has a 12 month low of $17.31 and a 12 month high of $24.23. The firm has a market cap of $633.85 million, a price-to-earnings ratio of 13.85 and a beta of 1.09.

About FT Vest SMID Rising Dividend Ac

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.