FT Vest SMID Rising Dividend Achievers Target Income ETF $SDVD Stock Position Raised by Royal Bank of Canada

Royal Bank of Canada increased its holdings in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF (BATS:SDVD) by 22.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 593,903 shares of the company’s stock after acquiring an additional 110,103 shares during the quarter. Royal Bank of Canada owned approximately 2.41% of FT Vest SMID Rising Dividend Achievers Target Income ETF worth $12,887,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Faithward Advisors LLC lifted its holdings 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. grew its stake in 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 worth $52,000 after buying an additional 1,200 shares during the last quarter. Next Level Private LLC increased its position in FT Vest SMID Rising Dividend Achievers Target Income ETF by 5.1% in the first quarter. Next Level Private LLC now owns 49,819 shares of the company’s stock worth $1,081,000 after buying an additional 2,397 shares during the period. Sunbelt Securities Inc. acquired a new stake in FT Vest SMID Rising Dividend Achievers Target Income ETF in the fourth quarter worth $54,000. Finally, MTM Investment Management LLC lifted 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 valued at $2,097,000 after buying an additional 3,000 shares during the last quarter.

FT Vest SMID Rising Dividend Achievers Target Income ETF Stock Performance

Shares of SDVD opened at $23.83 on Friday. 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 company has a market cap of $586.22 million, a price-to-earnings ratio of 14.54 and a beta of 1.09. The firm has a fifty day moving average of $23.00 and a 200-day moving average of $22.70.

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.