FT Vest Rising Dividend Achievers Target Income ETF $RDVI Position Increased by Private Advisor Group LLC

Private Advisor Group LLC grew its position in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 7.3% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 257,486 shares of the company’s stock after purchasing an additional 17,486 shares during the period. Private Advisor Group LLC’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $6,579,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. LPL Financial LLC lifted its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 8.2% in the 4th quarter. LPL Financial LLC now owns 10,035,654 shares of the company’s stock valued at $263,336,000 after acquiring an additional 762,029 shares in the last quarter. Raymond James Financial Inc. grew its position in FT Vest Rising Dividend Achievers Target Income ETF by 16.0% during the 3rd quarter. Raymond James Financial Inc. now owns 3,003,567 shares of the company’s stock worth $77,642,000 after purchasing an additional 414,227 shares in the last quarter. Wells Fargo & Company MN grew its position in FT Vest Rising Dividend Achievers Target Income ETF by 11.1% during the 4th quarter. Wells Fargo & Company MN now owns 2,928,956 shares of the company’s stock worth $76,856,000 after purchasing an additional 291,563 shares in the last quarter. Stifel Financial Corp raised its stake in FT Vest Rising Dividend Achievers Target Income ETF by 1.9% during the 4th quarter. Stifel Financial Corp now owns 2,260,305 shares of the company’s stock valued at $59,310,000 after purchasing an additional 41,090 shares during the period. Finally, Royal Bank of Canada raised its stake in FT Vest Rising Dividend Achievers Target Income ETF by 11.0% during the 4th quarter. Royal Bank of Canada now owns 2,182,106 shares of the company’s stock valued at $57,258,000 after purchasing an additional 215,937 shares during the period.

FT Vest Rising Dividend Achievers Target Income ETF Stock Down 0.8%

Shares of RDVI traded down $0.24 during mid-day trading on Tuesday, reaching $28.93. The company’s stock had a trading volume of 89,524 shares, compared to its average volume of 616,632. The business has a fifty day moving average of $27.99 and a 200 day moving average of $27.17. The company has a market cap of $2.39 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 1 year low of $24.21 and a 1 year high of $29.47.

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.