FT Vest SMID Rising Dividend Achievers Target Income ETF (BATS:SDVD) Short Interest Update

FT Vest SMID Rising Dividend Achievers Target Income ETF (BATS:SDVD) saw a large growth in short interest in September. As of September 15th, there was short interest totaling 208,693 shares, a growth of 121.2% from the August 31st total of 94,325 shares. Approximately 0.8% of the company’s stock are short sold. Based on an average trading volume of 513,878 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Investors Weigh In On FT Vest SMID Rising Dividend Achievers Target Income ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Schulz Wealth LTD. bought a new stake in FT Vest SMID Rising Dividend Achievers Target Income ETF during the second quarter worth about $547,000. Independent Financial Group LLC acquired a new position in FT Vest SMID Rising Dividend Achievers Target Income ETF during the first quarter valued at approximately $1,195,000. RFG Advisory LLC grew its stake in FT Vest SMID Rising Dividend Achievers Target Income ETF by 63.9% in the first quarter. RFG Advisory LLC now owns 69,137 shares of the company’s stock valued at $1,500,000 after purchasing an additional 26,962 shares in the last quarter. Cetera Investment Advisers grew its stake in FT Vest SMID Rising Dividend Achievers Target Income ETF by 38.8% in the first quarter. Cetera Investment Advisers now owns 701,260 shares of the company’s stock valued at $15,217,000 after purchasing an additional 195,971 shares in the last quarter. Finally, Ameritas Advisory Services LLC acquired a new position in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF during the 2nd quarter worth approximately $828,000.

FT Vest SMID Rising Dividend Achievers Target Income ETF Stock Down 0.8%

Shares of SDVD stock opened at $21.78 on Tuesday. The company’s fifty day simple moving average is $23.07 and its 200-day simple moving average is $22.72. The firm has a market cap of $535.79 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 $20.55 and a 12 month 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.