Luken Investment Analytics LLC Takes Position in FT Vest SMID Rising Dividend Achievers Target Income ETF $SDVD

Luken Investment Analytics LLC acquired a new position in FT Vest SMID Rising Dividend Achievers Target Income ETF (BATS:SDVD) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 549,594 shares of the company’s stock, valued at approximately $12,690,000. FT Vest SMID Rising Dividend Achievers Target Income ETF makes up approximately 4.4% of Luken Investment Analytics LLC’s holdings, making the stock its 7th biggest position. Luken Investment Analytics LLC owned about 2.23% of FT Vest SMID Rising Dividend Achievers Target Income ETF at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Geneos Wealth Management Inc. boosted its holdings in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF by 100.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,400 shares of the company’s stock valued at $52,000 after acquiring an additional 1,200 shares during the last quarter. Sunbelt Securities Inc. bought a new position in FT Vest SMID Rising Dividend Achievers Target Income ETF during the fourth quarter valued at approximately $54,000. World Investment Advisors purchased a new stake in FT Vest SMID Rising Dividend Achievers Target Income ETF in the first quarter worth approximately $203,000. Triumph Capital Management bought a new stake in FT Vest SMID Rising Dividend Achievers Target Income ETF in the 3rd quarter worth approximately $215,000. Finally, Arkadios Wealth Advisors purchased a new stake in FT Vest SMID Rising Dividend Achievers Target Income ETF during the 4th quarter valued at $219,000.

FT Vest SMID Rising Dividend Achievers Target Income ETF Price Performance

BATS SDVD opened at $22.69 on Wednesday. FT Vest SMID Rising Dividend Achievers Target Income ETF has a 1-year low of $20.55 and a 1-year high of $24.06. The stock has a market capitalization of $558.17 million, a price-to-earnings ratio of 14.54 and a beta of 1.09. The business’s fifty day moving average price is $23.33 and its 200-day moving average price is $22.80.

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.