Milestone Asset Management LLC Acquires 12,940 Shares of FT Vest Rising Dividend Achievers Target Income ETF $RDVI

Milestone Asset Management LLC grew its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 47.5% during the second quarter, HoldingsChannel reports. The firm owned 40,171 shares of the company’s stock after purchasing an additional 12,940 shares during the quarter. Milestone Asset Management LLC’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $993,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Chilton Capital Management LLC boosted its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 1.8% during the 2nd quarter. Chilton Capital Management LLC now owns 27,862 shares of the company’s stock valued at $688,000 after buying an additional 481 shares in the last quarter. IMG Wealth Management Inc. grew its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 31.4% in the second quarter. IMG Wealth Management Inc. now owns 2,253 shares of the company’s stock worth $56,000 after purchasing an additional 538 shares during the period. Accel Wealth Management increased its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 4.6% during the second quarter. Accel Wealth Management now owns 12,352 shares of the company’s stock valued at $305,000 after purchasing an additional 541 shares in the last quarter. CreativeOne Wealth LLC lifted its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 1.3% during the first quarter. CreativeOne Wealth LLC now owns 48,833 shares of the company’s stock valued at $1,158,000 after purchasing an additional 603 shares during the last quarter. Finally, Comprehensive Financial Planning Inc. PA boosted its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 1.6% in the 1st quarter. Comprehensive Financial Planning Inc. PA now owns 41,371 shares of the company’s stock worth $981,000 after purchasing an additional 657 shares in the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Stock Up 4.3%

RDVI stock opened at $25.63 on Tuesday. The business has a 50 day moving average of $25.65 and a 200 day moving average of $24.78. The firm has a market cap 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 twelve month low of $20.43 and a twelve month high of $26.50.

FT Vest Rising Dividend Achievers Target Income ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, November 17th. Stockholders of record on Monday, November 3rd will be paid a $0.1785 dividend. This represents a c) annualized dividend and a dividend yield of 8.4%. 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.