Sequent Planning LLC Increases Stock Position in FT Vest Rising Dividend Achievers Target Income ETF $RDVI

Sequent Planning LLC boosted its stake in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 60.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 96,901 shares of the company’s stock after purchasing an additional 36,633 shares during the quarter. Sequent Planning LLC owned about 0.12% of FT Vest Rising Dividend Achievers Target Income ETF worth $2,543,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Raymond James Financial Inc. raised its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 16.0% during the 3rd quarter. Raymond James Financial Inc. now owns 3,003,567 shares of the company’s stock valued at $77,642,000 after buying an additional 414,227 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 50.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 923,088 shares of the company’s stock valued at $23,862,000 after buying an additional 309,852 shares in the last quarter. CWM LLC raised its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 350.3% during the 4th quarter. CWM LLC now owns 279,285 shares of the company’s stock valued at $7,328,000 after buying an additional 217,262 shares in the last quarter. Aurora Private Wealth Inc. purchased a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF during the 4th quarter valued at about $4,881,000. Finally, StoneCrest Wealth Management Inc. purchased a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF during the 4th quarter valued at about $4,692,000.

FT Vest Rising Dividend Achievers Target Income ETF Stock Performance

Shares of BATS RDVI opened at $27.04 on Monday. The firm’s 50-day moving average price is $26.61 and its 200-day moving average price is $26.55. The stock has a market capitalization of $2.23 billion, a price-to-earnings ratio of 16.57 and a beta of 1.03. FT Vest Rising Dividend Achievers Target Income ETF has a 12-month low of $23.46 and a 12-month high of $27.80.

FT Vest Rising Dividend Achievers Target Income ETF Profile

The FT Cboe Vest Rising Dividend Achievers Target Income ETF (RDVI) is an exchange-traded fund that is based on the NASDAQ US Rising Dividend Achievers index. The fund seeks to provide current income and capital appreciation by holding a portfolio of dividend-paying US equities, while utilizing a naked call writing strategy on the S&P 500 Index. RDVI was launched on Oct 19, 2022 and is managed by First Trust.