James T. Borello RIA Purchases 58,840 Shares of FT Vest Rising Dividend Achievers Target Income ETF $RDVI

James T. Borello RIA boosted its position in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 37.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 215,807 shares of the company’s stock after acquiring an additional 58,840 shares during the period. FT Vest Rising Dividend Achievers Target Income ETF accounts for 1.2% of James T. Borello RIA’s holdings, making the stock its 19th biggest position. James T. Borello RIA’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $6,017,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of RDVI. Bullseye Investment Management LLC acquired a new stake in FT Vest Rising Dividend Achievers Target Income ETF in the second quarter valued at approximately $17,907,000. Cetera Investment Advisers grew its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 15.4% in the first quarter. Cetera Investment Advisers now owns 2,448,107 shares of the company’s stock worth $62,549,000 after purchasing an additional 326,378 shares during the last quarter. Royal Bank of Canada increased its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 13.6% during the first quarter. Royal Bank of Canada now owns 2,478,696 shares of the company’s stock worth $63,331,000 after purchasing an additional 296,590 shares in the last quarter. Kestra Advisory Services LLC increased its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 24.7% during the first quarter. Kestra Advisory Services LLC now owns 1,259,725 shares of the company’s stock worth $32,186,000 after purchasing an additional 249,373 shares in the last quarter. Finally, Summit Financial Wealth Advisors LLC increased its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 52.4% during the third quarter. Summit Financial Wealth Advisors LLC now owns 620,073 shares of the company’s stock worth $17,288,000 after purchasing an additional 213,208 shares in the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Trading Down 0.5%

Shares of RDVI traded down $0.13 during midday trading on Friday, hitting $28.22. 1,906,833 shares of the company’s stock traded hands, compared to its average volume of 820,372. FT Vest Rising Dividend Achievers Target Income ETF has a 1 year low of $24.77 and a 1 year high of $30.08. The firm’s fifty day moving average is $28.78 and its 200-day moving average is $28.28. The stock has a market capitalization of $2.33 billion, a price-to-earnings ratio of 16.57 and a beta of 1.03.

About FT Vest Rising Dividend Achievers Target Income ETF

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.