FT Vest Rising Dividend Achievers Target Income ETF $RDVI Holdings Reduced by Atlas Private Wealth Advisors

Atlas Private Wealth Advisors reduced its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 46.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor 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 comprises approximately 3.1% of Atlas Private Wealth Advisors’ holdings, making the stock its 10th largest position. Atlas Private Wealth Advisors’ holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $12,520,000 as of its most recent SEC filing.

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

FT Vest Rising Dividend Achievers Target Income ETF Trading Up 10.3%

Shares of RDVI stock opened at $27.10 on Friday. The stock has a market capitalization of $2.24 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 $20.43 and a 12-month high of $26.50. The stock’s 50-day moving average price is $26.62 and its 200-day moving average price is $25.83.

FT Vest Rising Dividend Achievers Target Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, January 30th. Stockholders of record on Wednesday, January 21st were issued a dividend of $0.1928 per share. This is a positive change from FT Vest Rising Dividend Achievers Target Income ETF’s previous monthly dividend of $0.18. The ex-dividend date of this dividend was Wednesday, January 21st. 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.