Cary Street Partners Financial LLC Takes $962,000 Position in FT Vest SMID Rising Dividend Ac (NYSEARCA:SDVD)

Cary Street Partners Financial LLC acquired a new position in FT Vest SMID Rising Dividend Ac (NYSEARCA:SDVD) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 44,725 shares of the company’s stock, valued at approximately $962,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Nations Financial Group Inc. IA ADV boosted its stake 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 last quarter. Janney Montgomery Scott LLC lifted its holdings 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. OLD Mission Capital LLC bought a new position in FT Vest SMID Rising Dividend Ac in the fourth quarter valued at approximately $358,000. Whipplewood Advisors LLC acquired a new stake in FT Vest SMID Rising Dividend Ac during the 4th quarter worth $606,000. Finally, Bullseye Investment Management LLC raised its position in shares of FT Vest SMID Rising Dividend Ac by 23.4% during the 4th quarter. Bullseye Investment Management LLC now owns 252,912 shares of the company’s stock valued at $5,422,000 after acquiring an additional 47,986 shares during the last quarter.

FT Vest SMID Rising Dividend Ac Stock Up 0.2 %

NYSEARCA:SDVD opened at $19.63 on Thursday. The stock’s fifty day simple moving average is $19.40 and its 200-day simple moving average is $21.31. The firm has a market capitalization of $398.49 million, a P/E ratio of 12.38 and a beta of 1.09. FT Vest SMID Rising Dividend Ac has a 12-month low of $17.31 and a 12-month high of $24.23.

FT Vest SMID Rising Dividend Ac Increases Dividend

The business also recently announced a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were given a dividend of $0.1469 per share. This is a positive change from FT Vest SMID Rising Dividend Ac’s previous dividend of $0.14. The ex-dividend date was Thursday, March 27th.

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.