FT Vest SMID Rising Dividend Achievers Target Income ETF $SDVD Stock: International Assets Investment Management LLC Cuts Position

International Assets Investment Management LLC cut its position in FT Vest SMID Rising Dividend Achievers Target Income ETF (BATS:SDVD) by 42.4% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 46,276 shares of the company’s stock after selling 34,110 shares during the quarter. International Assets Investment Management LLC owned approximately 0.19% of FT Vest SMID Rising Dividend Achievers Target Income ETF worth $998,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in SDVD. Schulz Wealth LTD. acquired a new position in FT Vest SMID Rising Dividend Achievers Target Income ETF during the 2nd quarter valued at about $547,000. Capital Investment Advisors LLC acquired a new stake in FT Vest SMID Rising Dividend Achievers Target Income ETF during the 3rd quarter valued at approximately $8,460,000. Envestnet Asset Management Inc. lifted its position in FT Vest SMID Rising Dividend Achievers Target Income ETF by 26.2% during the second quarter. Envestnet Asset Management Inc. now owns 222,832 shares of the company’s stock valued at $5,145,000 after purchasing an additional 46,327 shares during the period. Independent Financial Group LLC purchased a new stake in shares of FT Vest SMID Rising Dividend Achievers Target Income ETF in the first quarter worth about $1,195,000. Finally, IFP Advisors Inc boosted its position in FT Vest SMID Rising Dividend Achievers Target Income ETF by 33.0% in the 2nd quarter. IFP Advisors Inc now owns 203,442 shares of the company’s stock worth $4,697,000 after purchasing an additional 50,524 shares in the last quarter.

FT Vest SMID Rising Dividend Achievers Target Income ETF Stock Performance

SDVD stock opened at $22.85 on Thursday. 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 firm has a market cap of $562.11 million, a PE ratio of 14.54 and a beta of 1.09. The firm’s fifty day moving average is $22.32 and its 200 day moving average is $22.66.

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.