Capital Investment Advisors LLC Purchases 392,414 Shares of FT Vest SMID Rising Dividend Achievers Target Income ETF $SDVD

Capital Investment Advisors LLC purchased a new stake in FT Vest SMID Rising Dividend Achievers Target Income ETF (BATS:SDVD) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 392,414 shares of the company’s stock, valued at approximately $8,460,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Geneos Wealth Management Inc. boosted its stake in shares of 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 buying an additional 1,200 shares during the period. Bullseye Investment Management LLC bought a new position in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF in the second quarter worth $82,000. Sunbelt Securities Inc. grew its stake in FT Vest SMID Rising Dividend Achievers Target Income ETF by 80.0% during the first quarter. Sunbelt Securities Inc. now owns 4,500 shares of the company’s stock worth $98,000 after buying an additional 2,000 shares in the last quarter. World Investment Advisors bought a new position in FT Vest SMID Rising Dividend Achievers Target Income ETF in the 1st quarter valued at about $203,000. Finally, Arkadios Wealth Advisors boosted its position in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF by 16.2% during the 1st quarter. Arkadios Wealth Advisors now owns 11,844 shares of the company’s stock worth $257,000 after acquiring an additional 1,654 shares in the last quarter.

FT Vest SMID Rising Dividend Achievers Target Income ETF Price Performance

Shares of SDVD opened at $22.21 on Friday. The firm has a 50 day simple moving average of $22.48 and a two-hundred day simple moving average of $22.75. FT Vest SMID Rising Dividend Achievers Target Income ETF has a one year low of $20.55 and a one year high of $24.06. The company has a market cap of $546.37 million, a P/E ratio of 14.54 and a beta of 1.09.

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.