Atlas Private Wealth Advisors Decreases Stock Holdings in FT Vest Rising Dividend Achievers Target Income ETF $RDVI

Atlas Private Wealth Advisors lessened its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 46.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 484,327 shares of the company’s stock after selling 418,679 shares during the quarter. FT Vest Rising Dividend Achievers Target Income ETF makes up 3.1% of Atlas Private Wealth Advisors’ portfolio, making the stock its 10th largest holding. Atlas Private Wealth Advisors owned 0.59% of FT Vest Rising Dividend Achievers Target Income ETF worth $12,520,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of RDVI. Allworth Financial LP purchased a new position in FT Vest Rising Dividend Achievers Target Income ETF during the second quarter valued at $40,000. IMG Wealth Management Inc. lifted its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 31.4% during the 2nd quarter. IMG Wealth Management Inc. now owns 2,253 shares of the company’s stock valued at $56,000 after buying an additional 538 shares in the last quarter. Hazlett Burt & Watson Inc. grew its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 60.4% during the 2nd quarter. Hazlett Burt & Watson Inc. now owns 2,874 shares of the company’s stock valued at $70,000 after acquiring an additional 1,082 shares during the period. Geneos Wealth Management Inc. increased its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 18.8% in the 2nd quarter. Geneos Wealth Management Inc. now owns 3,044 shares of the company’s stock worth $75,000 after acquiring an additional 482 shares in the last quarter. Finally, Barrett & Company Inc. bought a new stake in FT Vest Rising Dividend Achievers Target Income ETF during the 2nd quarter worth approximately $120,000.

FT Vest Rising Dividend Achievers Target Income ETF Price Performance

RDVI opened at $27.10 on Friday. The company has a 50 day simple moving average of $26.62 and a two-hundred day simple moving average of $25.83. The firm has a market cap of $2.24 billion, a P/E ratio of 16.57 and a beta of 1.03. FT Vest Rising Dividend Achievers Target Income ETF has a 1-year low of $20.43 and a 1-year high of $26.50.

FT Vest Rising Dividend Achievers Target Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, January 30th. Stockholders of record on Wednesday, January 21st were given a $0.1928 dividend. The ex-dividend date was Wednesday, January 21st. This is a positive change from FT Vest Rising Dividend Achievers Target Income ETF’s previous monthly dividend of $0.18. This represents a c) annualized dividend and a dividend yield of 8.5%.

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.