Southern Capital Services Inc. ADV Acquires Shares of 545,758 FT Vest Technology Dividend Target Income ETF $TDVI

Southern Capital Services Inc. ADV purchased a new position in FT Vest Technology Dividend Target Income ETF (BATS:TDVI) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 545,758 shares of the company’s stock, valued at approximately $15,139,000. FT Vest Technology Dividend Target Income ETF makes up about 9.5% of Southern Capital Services Inc. ADV’s holdings, making the stock its 2nd largest position. Southern Capital Services Inc. ADV owned 5.51% of FT Vest Technology Dividend Target Income ETF at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in TDVI. Advisory Services Network LLC bought a new position in shares of FT Vest Technology Dividend Target Income ETF in the 3rd quarter worth about $51,000. Triumph Capital Management lifted its position in FT Vest Technology Dividend Target Income ETF by 442.7% during the 4th quarter. Triumph Capital Management now owns 3,343 shares of the company’s stock valued at $93,000 after acquiring an additional 2,727 shares during the period. Kestra Advisory Services LLC purchased a new position in FT Vest Technology Dividend Target Income ETF during the 4th quarter valued at about $96,000. Larson Financial Group LLC bought a new stake in FT Vest Technology Dividend Target Income ETF during the fourth quarter worth about $127,000. Finally, Greenberg Financial Group bought a new stake in FT Vest Technology Dividend Target Income ETF during the fourth quarter worth about $201,000.

FT Vest Technology Dividend Target Income ETF Stock Performance

Shares of TDVI opened at $32.75 on Friday. FT Vest Technology Dividend Target Income ETF has a fifty-two week low of $25.63 and a fifty-two week high of $35.57. The firm’s 50-day simple moving average is $31.31 and its two-hundred day simple moving average is $29.06. The stock has a market cap of $124.45 million, a PE ratio of 25.63 and a beta of 1.18.

FT Vest Technology Dividend Target Income ETF Profile

The FT Vest Technology Dividend Target Income ETF (TDVI) is an exchange-traded fund that mostly invests in information technology equity. TVDI 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 US technology companies. The fund also utilizes a naked call writing option strategy on the Nasdaq 100 Index (NDX) and/or the S&P 500 Index (SPX) or related ETFs. TDVI was launched on Aug 9, 2023 and is issued by First Trust.