Bullseye Investment Management LLC Grows Stake in FT Vest SMID Rising Dividend Ac (NYSEARCA:SDVD)

Bullseye Investment Management LLC increased its stake in FT Vest SMID Rising Dividend Ac (NYSEARCA:SDVD) by 23.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 252,912 shares of the company’s stock after buying an additional 47,986 shares during the quarter. FT Vest SMID Rising Dividend Ac makes up 3.6% of Bullseye Investment Management LLC’s holdings, making the stock its 10th biggest position. Bullseye Investment Management LLC owned about 5.44% of FT Vest SMID Rising Dividend Ac worth $5,422,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Nations Financial Group Inc. IA ADV raised its holdings in shares of FT Vest SMID Rising Dividend Ac by 57.2% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 23,381 shares of the company’s stock valued at $503,000 after purchasing an additional 8,505 shares during the period. Whipplewood Advisors LLC acquired a new position in FT Vest SMID Rising Dividend Ac during the fourth quarter worth approximately $606,000. Finally, Janney Montgomery Scott LLC raised its stake in FT Vest SMID Rising Dividend Ac by 12.7% in the fourth quarter. Janney Montgomery Scott LLC now owns 93,631 shares of the company’s stock valued at $2,014,000 after buying an additional 10,526 shares during the period.

FT Vest SMID Rising Dividend Ac Price Performance

Shares of FT Vest SMID Rising Dividend Ac stock opened at $19.86 on Friday. FT Vest SMID Rising Dividend Ac has a 1 year low of $19.25 and a 1 year high of $24.23. The business has a fifty day simple moving average of $21.20 and a two-hundred day simple moving average of $21.93. The company has a market capitalization of $360.46 million, a price-to-earnings ratio of 12.22 and a beta of 1.09.

FT Vest SMID Rising Dividend Ac Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be issued a $0.1469 dividend. This is a positive change from FT Vest SMID Rising Dividend Ac’s previous dividend of $0.14. The ex-dividend date of this dividend is Thursday, March 27th.

FT Vest SMID Rising Dividend Ac 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.