Independent Financial Group LLC Invests $1.20 Million in FT Vest SMID Rising Dividend Achievers Target Income ETF $SDVD

Independent Financial Group LLC acquired a new stake in FT Vest SMID Rising Dividend Achievers Target Income ETF (BATS:SDVD) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 55,075 shares of the company’s stock, valued at approximately $1,195,000. Independent Financial Group LLC owned 0.22% of FT Vest SMID Rising Dividend Achievers Target Income ETF at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Stephens Inc. AR increased its holdings in FT Vest SMID Rising Dividend Achievers Target Income ETF by 1.7% during the 1st quarter. Stephens Inc. AR now owns 660,624 shares of the company’s stock worth $14,336,000 after acquiring an additional 11,265 shares during the period. Kestra Advisory Services LLC grew its position in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF by 20.5% during the 1st quarter. Kestra Advisory Services LLC now owns 522,516 shares of the company’s stock valued at $11,339,000 after purchasing an additional 88,903 shares in the last quarter. Creative Financial Designs Inc. ADV bought a new position in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF in the fourth quarter worth $5,033,000. Janney Montgomery Scott LLC increased its holdings in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF by 5.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 175,502 shares of the company’s stock worth $3,766,000 after purchasing an additional 9,318 shares during the period. Finally, MTM Investment Management LLC raised its position in shares of 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 worth $2,097,000 after buying an additional 3,000 shares in the last quarter.

FT Vest SMID Rising Dividend Achievers Target Income ETF Stock Performance

BATS:SDVD opened at $23.14 on Tuesday. The firm has a market capitalization of $569.24 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 52-week low of $20.23 and a 52-week high of $23.65. The stock has a fifty day moving average of $22.69 and a 200 day moving average of $22.57.

About FT Vest SMID Rising Dividend Achievers Target Income ETF

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.