Arkadios Wealth Advisors Grows Holdings in FT Vest Rising Dividend Achievers Target Income ETF $RDVI

Arkadios Wealth Advisors raised its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 16.4% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 45,444 shares of the company’s stock after acquiring an additional 6,401 shares during the period. Arkadios Wealth Advisors owned approximately 0.06% of FT Vest Rising Dividend Achievers Target Income ETF worth $1,123,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. SBI Securities Co. Ltd. raised its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 360.9% during the 1st quarter. SBI Securities Co. Ltd. now owns 1,756 shares of the company’s stock worth $42,000 after buying an additional 1,375 shares in the last quarter. Hazlett Burt & Watson Inc. purchased a new position in FT Vest Rising Dividend Achievers Target Income ETF in the first quarter valued at about $43,000. 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 acquiring an additional 538 shares during the period. Founders Financial Alliance LLC raised its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 800.0% during the first quarter. Founders Financial Alliance LLC now owns 4,500 shares of the company’s stock worth $107,000 after purchasing an additional 4,000 shares during the last quarter. Finally, Barrett & Company Inc. purchased a new stake in FT Vest Rising Dividend Achievers Target Income ETF during the second quarter worth $120,000.

FT Vest Rising Dividend Achievers Target Income ETF Price Performance

Shares of BATS RDVI opened at $25.66 on Friday. The firm’s 50-day moving average is $25.65 and its two-hundred day moving average is $24.74. The company has a market capitalization of $2.12 billion, a PE 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.

FT Vest Rising Dividend Achievers Target Income ETF Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, November 17th. Investors of record on Monday, November 3rd will be paid a $0.1785 dividend. This represents a c) dividend on an annualized basis and a yield of 8.3%. The ex-dividend date is Monday, November 3rd.

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.