IFP Advisors Inc Raises Stock Holdings in FT Vest Rising Dividend Achievers Target Income ETF $RDVI

IFP Advisors Inc lifted its holdings in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 18.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 132,952 shares of the company’s stock after buying an additional 20,314 shares during the quarter. IFP Advisors Inc owned approximately 0.16% of FT Vest Rising Dividend Achievers Target Income ETF worth $3,489,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Total Clarity Wealth Management Inc. raised its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 2.6% in the third quarter. Total Clarity Wealth Management Inc. now owns 16,727 shares of the company’s stock worth $432,000 after buying an additional 422 shares during the period. Ausdal Financial Partners Inc. raised its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 0.7% in the third quarter. Ausdal Financial Partners Inc. now owns 65,095 shares of the company’s stock worth $1,683,000 after buying an additional 439 shares during the period. Forefront Wealth Partners LLC raised its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 1.8% in the fourth quarter. Forefront Wealth Partners LLC now owns 25,081 shares of the company’s stock worth $658,000 after buying an additional 443 shares during the period. Cornerstone Wealth Management LLC raised its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 5.2% in the third quarter. Cornerstone Wealth Management LLC now owns 9,395 shares of the company’s stock worth $243,000 after buying an additional 462 shares during the period. Finally, Geneos Wealth Management Inc. raised its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 18.8% in the second quarter. Geneos Wealth Management Inc. now owns 3,044 shares of the company’s stock worth $75,000 after buying an additional 482 shares during the period.

FT Vest Rising Dividend Achievers Target Income ETF Stock Performance

Shares of BATS RDVI opened at $27.30 on Friday. The business’s 50 day moving average price is $26.68 and its 200-day moving average price is $26.59. FT Vest Rising Dividend Achievers Target Income ETF has a fifty-two week low of $23.46 and a fifty-two week high of $27.80. The company has a market cap of $2.25 billion, a price-to-earnings ratio of 16.57 and a beta of 1.03.

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.