Kestra Advisory Services LLC Raises Stock Holdings in FT Vest SMID Rising Dividend Achievers Target Income ETF $SDVD

Kestra Advisory Services LLC raised its holdings in FT Vest SMID Rising Dividend Achievers Target Income ETF (BATS:SDVD) by 20.5% during the 1st quarter, Holdings Channel reports. The firm owned 522,516 shares of the company’s stock after buying an additional 88,903 shares during the quarter. Kestra Advisory Services LLC’s holdings in FT Vest SMID Rising Dividend Achievers Target Income ETF were worth $11,339,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Stephens Inc. AR lifted its position in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF by 1.7% during the 1st quarter. Stephens Inc. AR now owns 660,624 shares of the company’s stock valued at $14,336,000 after buying an additional 11,265 shares in the last quarter. Creative Financial Designs Inc. ADV purchased a new stake in FT Vest SMID Rising Dividend Achievers Target Income ETF in the 4th quarter worth $5,033,000. Janney Montgomery Scott LLC increased its holdings in FT Vest SMID Rising Dividend Achievers Target Income ETF by 5.6% in the 4th quarter. Janney Montgomery Scott LLC now owns 175,502 shares of the company’s stock worth $3,766,000 after acquiring an additional 9,318 shares in the last quarter. IFP Advisors Inc raised its position in FT Vest SMID Rising Dividend Achievers Target Income ETF by 59.3% during the third quarter. IFP Advisors Inc now owns 123,330 shares of the company’s stock worth $2,666,000 after acquiring an additional 45,892 shares during the period. Finally, MTM Investment Management LLC raised its position in FT Vest SMID Rising Dividend Achievers Target Income ETF by 3.2% during the fourth quarter. MTM Investment Management LLC now owns 97,705 shares of the company’s stock worth $2,097,000 after acquiring an additional 3,000 shares during the period.

FT Vest SMID Rising Dividend Achievers Target Income ETF Price Performance

SDVD opened at $23.02 on Monday. The company has a market cap of $566.29 million, a price-to-earnings 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 $20.23 and a 52-week high of $23.65. The firm’s fifty day simple moving average is $22.65 and its two-hundred day simple moving average is $22.51.

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.