Prospera Financial Services Inc Acquires 69,783 Shares of FT Vest Rising Dividend Achievers Target Income ETF $RDVI

Prospera Financial Services Inc grew its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 10.2% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 753,087 shares of the company’s stock after purchasing an additional 69,783 shares during the period. Prospera Financial Services Inc’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $19,474,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Cornerstone Wealth Management LLC increased its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 5.2% in the third quarter. Cornerstone Wealth Management LLC now owns 9,395 shares of the company’s stock valued at $243,000 after acquiring an additional 462 shares during the last quarter. Chilton Capital Management LLC boosted its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 1.8% in 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 during the last quarter. Geneos Wealth Management Inc. grew its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 18.8% in the second quarter. Geneos Wealth Management Inc. now owns 3,044 shares of the company’s stock valued at $75,000 after buying an additional 482 shares in the last quarter. IMG Wealth Management Inc. increased its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 31.4% during the second quarter. IMG Wealth Management Inc. now owns 2,253 shares of the company’s stock worth $56,000 after buying an additional 538 shares during the last quarter. Finally, Faithward Advisors LLC raised its position in FT Vest Rising Dividend Achievers Target Income ETF by 3.3% during the second quarter. Faithward Advisors LLC now owns 17,859 shares of the company’s stock worth $441,000 after acquiring an additional 576 shares in the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Price Performance

Shares of RDVI opened at $27.36 on Tuesday. The company has a market cap of $2.26 billion, a PE ratio of 16.57 and a beta of 1.03. The firm has a 50-day moving average of $26.80 and a 200-day moving average of $25.94. FT Vest Rising Dividend Achievers Target Income ETF has a one year low of $20.43 and a one year high of $27.57.

FT Vest Rising Dividend Achievers Target Income ETF Increases Dividend

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

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.