Synovus Financial Corp Grows Stock Position in FT Vest Rising Dividend Achievers Target Income ETF $RDVI

Synovus Financial Corp raised its position in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 180.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 182,126 shares of the company’s stock after purchasing an additional 117,159 shares during the period. Synovus Financial Corp’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $4,708,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Raymond James Financial Inc. boosted its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 18.7% in the second quarter. Raymond James Financial Inc. now owns 2,589,340 shares of the company’s stock valued at $63,983,000 after acquiring an additional 407,656 shares during the period. Commonwealth Equity Services LLC raised its position in FT Vest Rising Dividend Achievers Target Income ETF by 6.2% in the 3rd quarter. Commonwealth Equity Services LLC now owns 1,939,836 shares of the company’s stock valued at $50,145,000 after purchasing an additional 113,066 shares during the last quarter. Cetera Investment Advisers boosted its stake in FT Vest Rising Dividend Achievers Target Income ETF by 11.7% during the 2nd quarter. Cetera Investment Advisers now owns 1,521,561 shares of the company’s stock worth $37,598,000 after purchasing an additional 159,276 shares during the period. Envestnet Asset Management Inc. boosted its stake in 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 worth $23,862,000 after purchasing an additional 309,852 shares during the period. Finally, Atlas Private Wealth Advisors grew its position in FT Vest Rising Dividend Achievers Target Income ETF by 69.7% during the 2nd quarter. Atlas Private Wealth Advisors now owns 903,006 shares of the company’s stock worth $22,313,000 after purchasing an additional 370,852 shares during the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Trading Down 1.2%

Shares of RDVI stock opened at $27.04 on Friday. The company has a market capitalization of $2.23 billion, a P/E ratio of 16.57 and a beta of 1.03. The business’s 50 day moving average is $26.94 and its two-hundred day moving average is $26.06. FT Vest Rising Dividend Achievers Target Income ETF has a twelve month low of $20.43 and a twelve month high of $27.57.

FT Vest Rising Dividend Achievers Target Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 20th will be paid a $0.1918 dividend. The ex-dividend date is Friday, February 20th. This represents a c) annualized dividend and a dividend yield of 8.5%.

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.