FT Vest SMID Rising Dividend Ac $SDVD Shares Purchased by IFP Advisors Inc

IFP Advisors Inc boosted its position in FT Vest SMID Rising Dividend Ac (NYSEARCA:SDVD) by 13.3% in the 2nd quarter, HoldingsChannel reports. The firm owned 77,438 shares of the company’s stock after purchasing an additional 9,081 shares during the period. IFP Advisors Inc’s holdings in FT Vest SMID Rising Dividend Ac were worth $1,588,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC raised its stake in FT Vest SMID Rising Dividend Ac by 30.6% in the 1st quarter. Janney Montgomery Scott LLC now owns 122,318 shares of the company’s stock valued at $2,443,000 after purchasing an additional 28,687 shares during the last quarter. L.M. Kohn & Company acquired a new position in FT Vest SMID Rising Dividend Ac in the 1st quarter valued at about $223,000. Finally, SBI Securities Co. Ltd. raised its stake in FT Vest SMID Rising Dividend Ac by 1,015.7% in the 1st quarter. SBI Securities Co. Ltd. now owns 1,350 shares of the company’s stock valued at $27,000 after purchasing an additional 1,229 shares during the last quarter.

FT Vest SMID Rising Dividend Ac Trading Down 2.5%

Shares of SDVD stock opened at $20.74 on Friday. The company has a market capitalization of $618.05 million, a price-to-earnings ratio of 13.85 and a beta of 1.09. The firm has a 50-day moving average price of $21.51 and a 200 day moving average price of $20.54. FT Vest SMID Rising Dividend Ac has a twelve month low of $17.31 and a twelve month high of $24.23.

FT Vest SMID Rising Dividend Ac 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.