FT Vest SMID Rising Dividend Achievers Target Income ETF $SDVD Shares Purchased by Cetera Investment Advisers

Cetera Investment Advisers raised its stake in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF (BATS:SDVD) by 38.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 701,260 shares of the company’s stock after acquiring an additional 195,971 shares during the quarter. Cetera Investment Advisers’ holdings in FT Vest SMID Rising Dividend Achievers Target Income ETF were worth $15,217,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in SDVD. Faithward Advisors LLC increased its position in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF by 7.3% in the 1st quarter. Faithward Advisors LLC now owns 12,328 shares of the company’s stock worth $268,000 after purchasing an additional 834 shares during the last quarter. Geneos Wealth Management Inc. raised its stake 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 valued at $52,000 after purchasing an additional 1,200 shares in the last quarter. Next Level Private LLC lifted its position in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF by 5.1% during the first quarter. Next Level Private LLC now owns 49,819 shares of the company’s stock worth $1,081,000 after purchasing an additional 2,397 shares during the last quarter. Sunbelt Securities Inc. bought a new position in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF during the fourth quarter worth about $54,000. Finally, MTM Investment Management LLC grew its stake in FT Vest SMID Rising Dividend Achievers Target Income ETF by 3.2% in the fourth quarter. MTM Investment Management LLC now owns 97,705 shares of the company’s stock worth $2,097,000 after purchasing an additional 3,000 shares in the last quarter.

FT Vest SMID Rising Dividend Achievers Target Income ETF Stock Performance

BATS:SDVD opened at $23.58 on Wednesday. The company has a market capitalization of $580.07 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 one year low of $20.23 and a one year high of $23.65. The stock has a 50-day simple moving average of $22.80 and a 200 day simple moving average of $22.63.

FT Vest SMID Rising Dividend Achievers Target Income ETF 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.