Winnow Wealth LLC Purchases New Stake in FT Vest SMID Rising Dividend Ac $SDVD

Winnow Wealth LLC purchased a new stake in shares of FT Vest SMID Rising Dividend Ac (NYSEARCA:SDVD) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 60,334 shares of the company’s stock, valued at approximately $1,327,000. FT Vest SMID Rising Dividend Ac comprises 1.0% of Winnow Wealth LLC’s portfolio, making the stock its 13th biggest position.

Several other hedge funds and other institutional investors have also bought and sold shares of SDVD. Janney Montgomery Scott LLC raised its stake in shares of FT Vest SMID Rising Dividend Ac by 5.5% during the 2nd quarter. Janney Montgomery Scott LLC now owns 129,019 shares of the company’s stock worth $2,646,000 after purchasing an additional 6,701 shares during the period. MTM Investment Management LLC increased its holdings in FT Vest SMID Rising Dividend Ac by 44.7% during the third quarter. MTM Investment Management LLC now owns 94,705 shares of the company’s stock worth $2,048,000 after buying an additional 29,250 shares during the last quarter. IFP Advisors Inc raised its position in FT Vest SMID Rising Dividend Ac by 13.3% in the second quarter. IFP Advisors Inc now owns 77,438 shares of the company’s stock worth $1,588,000 after acquiring an additional 9,081 shares during the period. Nations Financial Group Inc. IA ADV boosted its stake in FT Vest SMID Rising Dividend Ac by 17.6% in the third quarter. Nations Financial Group Inc. IA ADV now owns 30,482 shares of the company’s stock valued at $659,000 after acquiring an additional 4,563 shares during the last quarter. Finally, Farther Finance Advisors LLC bought a new position in shares of FT Vest SMID Rising Dividend Ac during the 3rd quarter valued at approximately $59,000.

FT Vest SMID Rising Dividend Ac Price Performance

Shares of SDVD opened at $22.35 on Friday. The stock’s fifty day moving average price is $21.93 and its two-hundred day moving average price is $21.52. The firm has a market cap of $785.60 million, a PE ratio of 13.85 and a beta of 1.16. FT Vest SMID Rising Dividend Ac has a 1 year low of $17.31 and a 1 year high of $22.76.

About FT Vest SMID Rising Dividend Ac

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.