Schulz Wealth LTD. Takes Position in FT Vest SMID Rising Dividend Achievers Target Income ETF $SDVD

Schulz Wealth LTD. purchased a new position in FT Vest SMID Rising Dividend Achievers Target Income ETF (BATS:SDVD) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 23,700 shares of the company’s stock, valued at approximately $547,000. Schulz Wealth LTD. owned approximately 0.10% of FT Vest SMID Rising Dividend Achievers Target Income ETF at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Cetera Investment Advisers lifted its stake in FT Vest SMID Rising Dividend Achievers Target Income ETF by 38.8% in the 1st quarter. Cetera Investment Advisers now owns 701,260 shares of the company’s stock worth $15,217,000 after purchasing an additional 195,971 shares in the last quarter. Stephens Inc. AR increased its holdings in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF by 1.7% in the first quarter. Stephens Inc. AR now owns 660,624 shares of the company’s stock worth $14,336,000 after purchasing an additional 11,265 shares during the period. Wealthspire Retirement LLC bought a new position in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF in the first quarter worth $13,996,000. Royal Bank of Canada raised its position in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF by 22.8% in the first quarter. Royal Bank of Canada now owns 593,903 shares of the company’s stock worth $12,887,000 after buying an additional 110,103 shares in the last quarter. Finally, Luken Investment Analytics LLC purchased a new stake in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF in the second quarter worth $12,690,000.

FT Vest SMID Rising Dividend Achievers Target Income ETF Stock Performance

BATS:SDVD opened at $23.05 on Monday. The firm has a market capitalization of $567.03 million, a price-to-earnings ratio of 14.54 and a beta of 1.09. The stock has a fifty day moving average of $23.32 and a 200 day moving average of $22.79. 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.

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.