Sequent Planning LLC Buys 36,633 Shares of FT Vest Rising Dividend Achievers Target Income ETF $RDVI

Sequent Planning LLC grew its stake in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 60.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 96,901 shares of the company’s stock after acquiring an additional 36,633 shares during the period. Sequent Planning LLC’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $2,543,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in RDVI. Raymond James Financial Inc. grew its stake in FT Vest Rising Dividend Achievers Target Income ETF by 16.0% in the 3rd quarter. Raymond James Financial Inc. now owns 3,003,567 shares of the company’s stock worth $77,642,000 after acquiring an additional 414,227 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in FT Vest Rising Dividend Achievers Target Income ETF by 50.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 923,088 shares of the company’s stock worth $23,862,000 after acquiring an additional 309,852 shares in the last quarter. CWM LLC grew its stake in FT Vest Rising Dividend Achievers Target Income ETF by 350.3% in the 4th quarter. CWM LLC now owns 279,285 shares of the company’s stock worth $7,328,000 after acquiring an additional 217,262 shares in the last quarter. Aurora Private Wealth Inc. bought a new position in FT Vest Rising Dividend Achievers Target Income ETF in the 4th quarter worth about $4,881,000. Finally, StoneCrest Wealth Management Inc. bought a new position in FT Vest Rising Dividend Achievers Target Income ETF in the 4th quarter worth about $4,692,000.

FT Vest Rising Dividend Achievers Target Income ETF Price Performance

Shares of RDVI stock opened at $27.04 on Monday. The company has a market capitalization of $2.23 billion, a P/E ratio of 16.57 and a beta of 1.03. The company’s 50-day simple moving average is $26.61 and its two-hundred day simple moving average is $26.55. FT Vest Rising Dividend Achievers Target Income ETF has a one year low of $23.46 and a one year high of $27.80.

About FT Vest Rising Dividend Achievers Target Income ETF

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.