Wealthspire Retirement LLC Buys Shares of 645,000 FT Vest SMID Rising Dividend Achievers Target Income ETF $SDVD

Wealthspire Retirement LLC bought a new position in FT Vest SMID Rising Dividend Achievers Target Income ETF (BATS:SDVD) in the first quarter, Holdings Channel.com reports. The institutional investor bought 645,000 shares of the company’s stock, valued at approximately $13,996,000.

Other hedge funds have also modified their holdings of the company. Geneos Wealth Management Inc. grew its position in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF by 100.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 2,400 shares of the company’s stock worth $52,000 after buying an additional 1,200 shares during the last quarter. Sunbelt Securities Inc. purchased a new stake in FT Vest SMID Rising Dividend Achievers Target Income ETF during the fourth quarter valued at approximately $54,000. World Investment Advisors acquired a new stake in FT Vest SMID Rising Dividend Achievers Target Income ETF in the first quarter valued at approximately $203,000. Triumph Capital Management acquired a new stake in FT Vest SMID Rising Dividend Achievers Target Income ETF in the third quarter valued at approximately $215,000. Finally, Arkadios Wealth Advisors purchased a new position in FT Vest SMID Rising Dividend Achievers Target Income ETF in the fourth quarter worth $219,000.

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

Shares of SDVD stock opened at $22.97 on Thursday. The business’s fifty day simple moving average is $22.72 and its 200-day simple moving average is $22.59. The company 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.

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.