Schulz Wealth LTD. Takes $547,000 Position in FT Vest SMID Rising Dividend Achievers Target Income ETF $SDVD

Schulz Wealth LTD. acquired a new position in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF (BATS:SDVD) in the second quarter, Holdings Channel.com reports. The fund acquired 23,700 shares of the company’s stock, valued at approximately $547,000.

A number of other large investors have also added to or reduced their stakes in SDVD. Cetera Investment Advisers raised its position in FT Vest SMID Rising Dividend Achievers Target Income ETF by 38.8% during the first quarter. Cetera Investment Advisers now owns 701,260 shares of the company’s stock valued at $15,217,000 after purchasing an additional 195,971 shares in the last quarter. Stephens Inc. AR boosted its holdings in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF by 1.7% in the 1st quarter. Stephens Inc. AR now owns 660,624 shares of the company’s stock worth $14,336,000 after purchasing an additional 11,265 shares in the last quarter. Wealthspire Retirement LLC bought a new position in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF during the 1st quarter valued at about $13,996,000. Royal Bank of Canada increased its position in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF by 22.8% during the 1st quarter. Royal Bank of Canada now owns 593,903 shares of the company’s stock valued at $12,887,000 after purchasing an additional 110,103 shares during the last quarter. Finally, Luken Investment Analytics LLC purchased a new position in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF during the 2nd quarter valued at about $12,690,000.

FT Vest SMID Rising Dividend Achievers Target Income ETF Price Performance

BATS:SDVD opened at $23.05 on Monday. The business has a 50 day moving average of $23.32 and a 200 day moving average of $22.79. The company has a market capitalization of $567.03 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 1-year low of $20.55 and a 1-year high of $24.06.

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.