Rockefeller Capital Management L.P. Increases Stock Holdings in FT Vest Rising Dividend Achievers Target Income ETF $RDVI

Rockefeller Capital Management L.P. lifted its position in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 14.3% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 147,119 shares of the company’s stock after acquiring an additional 18,404 shares during the period. Rockefeller Capital Management L.P.’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $3,635,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in RDVI. Janney Montgomery Scott LLC raised its position in FT Vest Rising Dividend Achievers Target Income ETF by 14.3% during the second quarter. Janney Montgomery Scott LLC now owns 575,752 shares of the company’s stock worth $14,227,000 after acquiring an additional 72,016 shares during the last quarter. Moloney Securities Asset Management LLC grew its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 3.7% in the second quarter. Moloney Securities Asset Management LLC now owns 58,620 shares of the company’s stock valued at $1,448,000 after purchasing an additional 2,066 shares during the last quarter. Cetera Investment Advisers increased its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 16.2% during the 1st quarter. Cetera Investment Advisers now owns 1,362,285 shares of the company’s stock worth $32,313,000 after purchasing an additional 190,323 shares in the last quarter. Prostatis Group LLC raised its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 11.3% during the 2nd quarter. Prostatis Group LLC now owns 161,224 shares of the company’s stock worth $3,984,000 after purchasing an additional 16,325 shares during the last quarter. Finally, Raymond James Financial Inc. raised its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 34.7% during the 1st quarter. Raymond James Financial Inc. now owns 2,181,684 shares of the company’s stock worth $51,750,000 after purchasing an additional 561,929 shares during the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Stock Performance

RDVI stock opened at $25.14 on Friday. The stock’s 50 day moving average price is $25.65 and its 200 day moving average price is $25.03. The firm has a market cap of $2.08 billion, a P/E ratio of 16.57 and a beta of 1.03. FT Vest Rising Dividend Achievers Target Income ETF has a 1 year low of $20.43 and a 1 year high of $26.50.

FT Vest Rising Dividend Achievers Target Income ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 28th. Stockholders of record on Friday, November 21st will be given a $0.1785 dividend. This represents a c) annualized dividend and a dividend yield of 8.5%. The ex-dividend date is Friday, November 21st.

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.