Prospect Financial Services LLC Buys Shares of 8,578 FT Vest Rising Dividend Achievers Target Income ETF $RDVI

Prospect Financial Services LLC bought a new stake in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 8,578 shares of the company’s stock, valued at approximately $212,000.

A number of other institutional investors and hedge funds have also modified their holdings of RDVI. Allworth Financial LP acquired a new position in FT Vest Rising Dividend Achievers Target Income ETF in the second quarter valued at approximately $40,000. SBI Securities Co. Ltd. raised its position 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 valued at $42,000 after acquiring an additional 1,375 shares during the last quarter. Hazlett Burt & Watson Inc. bought a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF during the 1st quarter valued at $43,000. IMG Wealth Management Inc. lifted its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 31.4% in the 2nd quarter. IMG Wealth Management Inc. now owns 2,253 shares of the company’s stock valued at $56,000 after purchasing an additional 538 shares during the period. Finally, Founders Financial Alliance LLC boosted its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 800.0% in the 1st 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.

FT Vest Rising Dividend Achievers Target Income ETF Stock Up 4.4%

Shares of FT Vest Rising Dividend Achievers Target Income ETF stock opened at $25.65 on Friday. The business has a fifty day simple moving average of $25.69 and a 200 day simple moving average of $24.93. The stock 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 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 business also recently declared 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. The ex-dividend date of this dividend is Monday, November 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 8.4%.

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.