FT Vest Rising Dividend Achievers Target Income ETF $RDVI Stock: Kestra Advisory Services LLC Raises Position

Kestra Advisory Services LLC grew its stake in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 18.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,625,541 shares of the company’s stock after buying an additional 247,926 shares during the period. Kestra Advisory Services LLC’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $45,320,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the stock. Commonwealth Equity Services LLC raised its stake in FT Vest Rising Dividend Achievers Target Income ETF by 2.0% during the 3rd quarter. Commonwealth Equity Services LLC now owns 2,121,503 shares of the company’s stock worth $59,147,000 after acquiring an additional 41,112 shares in the last quarter. Kestra Private Wealth Services LLC grew its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 24.1% during the third quarter. Kestra Private Wealth Services LLC now owns 86,832 shares of the company’s stock worth $2,421,000 after purchasing an additional 16,847 shares during the last quarter. Integrity Alliance LLC. increased its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 163.8% during the third quarter. Integrity Alliance LLC. now owns 104,679 shares of the company’s stock worth $2,918,000 after purchasing an additional 64,994 shares in the last quarter. Cooper Capital Advisors LLC increased its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 4.5% during the third quarter. Cooper Capital Advisors LLC now owns 508,538 shares of the company’s stock worth $14,178,000 after purchasing an additional 21,849 shares in the last quarter. Finally, ARQ Wealth Advisors LLC increased its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 5.9% during the third quarter. ARQ Wealth Advisors LLC now owns 312,491 shares of the company’s stock worth $8,712,000 after purchasing an additional 17,518 shares in the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Trading Down 0.3%

Shares of FT Vest Rising Dividend Achievers Target Income ETF stock traded down $0.09 on Friday, hitting $27.55. The stock had a trading volume of 1,215,771 shares, compared to its average volume of 872,576. The stock has a market cap of $2.28 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 52-week low of $24.77 and a 52-week high of $30.08. The company’s 50 day moving average price is $28.33 and its 200 day moving average price is $27.90.

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.