Winnow Wealth LLC Takes $1.22 Million Position in FT Vest Rising Dividend Achievers Target Income ETF $RDVI

Winnow Wealth LLC bought a new stake in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) in the 3rd quarter, according to its most recent filing with the SEC. The fund bought 46,988 shares of the company’s stock, valued at approximately $1,222,000. FT Vest Rising Dividend Achievers Target Income ETF accounts for 1.0% of Winnow Wealth LLC’s investment portfolio, making the stock its 16th largest holding. Winnow Wealth LLC owned about 0.06% of FT Vest Rising Dividend Achievers Target Income ETF as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Raymond James Financial Inc. raised its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 18.7% in the second quarter. Raymond James Financial Inc. now owns 2,589,340 shares of the company’s stock worth $63,983,000 after acquiring an additional 407,656 shares during the period. Commonwealth Equity Services LLC increased its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 6.2% in the 3rd quarter. Commonwealth Equity Services LLC now owns 1,939,836 shares of the company’s stock valued at $50,145,000 after purchasing an additional 113,066 shares in the last quarter. Cetera Investment Advisers raised its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 11.7% in the 2nd quarter. Cetera Investment Advisers now owns 1,521,561 shares of the company’s stock worth $37,598,000 after purchasing an additional 159,276 shares during the period. Atlas Private Wealth Advisors boosted its position in FT Vest Rising Dividend Achievers Target Income ETF by 69.7% during the second quarter. Atlas Private Wealth Advisors now owns 903,006 shares of the company’s stock worth $22,313,000 after purchasing an additional 370,852 shares in the last quarter. Finally, Pinnacle Associates Ltd. grew its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 5.6% in the second quarter. Pinnacle Associates Ltd. now owns 772,479 shares of the company’s stock valued at $19,088,000 after purchasing an additional 40,772 shares during the period.

FT Vest Rising Dividend Achievers Target Income ETF Price Performance

FT Vest Rising Dividend Achievers Target Income ETF stock opened at $27.10 on Friday. The stock has a market capitalization of $2.24 billion, a PE ratio of 16.57 and a beta of 1.03. The business has a 50 day simple moving average of $26.62 and a 200-day simple moving average of $25.83. 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 Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, January 30th. Investors of record on Wednesday, January 21st were issued a $0.1928 dividend. This represents a c) annualized dividend and a yield of 8.5%. The ex-dividend date of this dividend was Wednesday, January 21st. This is a boost from FT Vest Rising Dividend Achievers Target Income ETF’s previous monthly dividend of $0.18.

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. RDVI was launched on Oct 19, 2022 and is managed by First Trust.