FT Vest Rising Dividend Achievers Target Income ETF $RDVI Position Boosted by Private Advisor Group LLC

Private Advisor Group LLC grew its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 7.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 257,486 shares of the company’s stock after purchasing an additional 17,486 shares during the period. Private Advisor Group LLC owned approximately 0.31% of FT Vest Rising Dividend Achievers Target Income ETF worth $6,579,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in RDVI. Parallel Advisors LLC bought a new stake in FT Vest Rising Dividend Achievers Target Income ETF during the third quarter worth approximately $38,000. US Bancorp DE bought a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF in the third quarter valued at $57,000. Topsail Wealth Management LLC bought a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF in the fourth quarter valued at $66,000. Allworth Financial LP lifted its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 113.2% during the 4th quarter. Allworth Financial LP now owns 2,543 shares of the company’s stock valued at $67,000 after acquiring an additional 1,350 shares during the last quarter. Finally, Geneos Wealth Management Inc. lifted its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 18.8% during the 2nd quarter. Geneos Wealth Management Inc. now owns 3,044 shares of the company’s stock valued at $75,000 after acquiring an additional 482 shares during the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Price Performance

Shares of RDVI traded down $0.24 during trading hours on Tuesday, hitting $28.93. 89,524 shares of the company were exchanged, compared to its average volume of 616,632. The company has a market capitalization of $2.39 billion, a PE ratio of 16.57 and a beta of 1.03. The firm has a fifty day simple moving average of $27.99 and a 200-day simple moving average of $27.17. FT Vest Rising Dividend Achievers Target Income ETF has a one year low of $24.21 and a one year high of $29.47.

FT Vest Rising Dividend Achievers Target Income ETF Company 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.