Cetera Investment Advisers Grows Holdings in FT Vest SMID Rising Dividend Achievers Target Income ETF $SDVD

Cetera Investment Advisers boosted its position in FT Vest SMID Rising Dividend Achievers Target Income ETF (BATS:SDVD) by 38.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 701,260 shares of the company’s stock after buying an additional 195,971 shares during the quarter. Cetera Investment Advisers owned 2.85% of FT Vest SMID Rising Dividend Achievers Target Income ETF worth $15,217,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SDVD. Wealthspire Retirement LLC acquired a new stake in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF during the first quarter valued at about $13,996,000. MTM Investment Management LLC lifted its stake in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF by 11.1% in the first quarter. MTM Investment Management LLC now owns 108,540 shares of the company’s stock worth $2,355,000 after acquiring an additional 10,835 shares in the last quarter. Independent Financial Group LLC purchased a new position in FT Vest SMID Rising Dividend Achievers Target Income ETF in the first quarter valued at about $1,195,000. Geneos Wealth Management Inc. boosted its holdings in FT Vest SMID Rising Dividend Achievers Target Income ETF by 100.0% in the first 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 during the last quarter. Finally, International Assets Investment Management LLC boosted its holdings in FT Vest SMID Rising Dividend Achievers Target Income ETF by 6.4% in the first quarter. International Assets Investment Management LLC now owns 64,611 shares of the company’s stock valued at $1,414,000 after purchasing an additional 3,874 shares during the last quarter.

FT Vest SMID Rising Dividend Achievers Target Income ETF Stock Up 1.3%

Shares of BATS SDVD opened at $23.58 on Wednesday. FT Vest SMID Rising Dividend Achievers Target Income ETF has a fifty-two week low of $20.23 and a fifty-two week high of $23.65. The business has a 50 day moving average price of $22.80 and a two-hundred day moving average price of $22.63. The firm has a market cap of $580.07 million, a PE ratio of 14.54 and a beta of 1.09.

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.