Janney Montgomery Scott LLC Grows Stock Holdings in FT Vest Rising Dividend Achievers Target Income ETF $RDVI

Janney Montgomery Scott LLC lifted its position in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 6.0% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 666,175 shares of the company’s stock after buying an additional 37,515 shares during the period. Janney Montgomery Scott LLC owned approximately 0.81% of FT Vest Rising Dividend Achievers Target Income ETF worth $17,021,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of RDVI. Parallel Advisors LLC acquired a new stake in FT Vest Rising Dividend Achievers Target Income ETF in the third quarter valued at approximately $38,000. US Bancorp DE acquired a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF during the third quarter worth $57,000. Topsail Wealth Management LLC purchased a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF during the 4th quarter valued at $66,000. Allworth Financial LP lifted its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 113.2% during the 4th quarter. Allworth Financial LP now owns 2,543 shares of the company’s stock valued at $67,000 after purchasing an additional 1,350 shares during the last quarter. Finally, Geneos Wealth Management Inc. boosted its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 18.8% in the 2nd quarter. Geneos Wealth Management Inc. now owns 3,044 shares of the company’s stock worth $75,000 after purchasing an additional 482 shares in the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Price Performance

Shares of RDVI stock opened at $29.40 on Wednesday. The stock’s fifty day moving average price is $27.86 and its 200 day moving average price is $27.10. FT Vest Rising Dividend Achievers Target Income ETF has a 1-year low of $24.21 and a 1-year high of $29.47. The company has a market cap of $2.43 billion, a price-to-earnings ratio of 16.57 and a beta of 1.03.

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.