IFP Advisors Inc Buys 20,314 Shares of FT Vest Rising Dividend Achievers Target Income ETF $RDVI

IFP Advisors Inc raised its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 18.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 132,952 shares of the company’s stock after acquiring an additional 20,314 shares during the quarter. IFP Advisors Inc’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $3,489,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of RDVI. Bison Wealth LLC boosted its position in FT Vest Rising Dividend Achievers Target Income ETF by 20.6% during the 4th quarter. Bison Wealth LLC now owns 18,580 shares of the company’s stock valued at $450,000 after acquiring an additional 3,180 shares in the last quarter. Goldman Sachs Group Inc. acquired a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF in the 1st quarter worth $2,354,000. Jane Street Group LLC boosted its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 215.9% in the 1st quarter. Jane Street Group LLC now owns 110,807 shares of the company’s stock worth $2,628,000 after purchasing an additional 75,734 shares in the last quarter. First Trust Advisors LP acquired a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF in the 2nd quarter worth $686,000. Finally, Cresset Asset Management LLC acquired a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF in the 2nd quarter worth $227,000.

FT Vest Rising Dividend Achievers Target Income ETF Price Performance

FT Vest Rising Dividend Achievers Target Income ETF stock opened at $27.30 on Friday. The stock has a market capitalization of $2.25 billion, a price-to-earnings ratio of 16.57 and a beta of 1.03. FT Vest Rising Dividend Achievers Target Income ETF has a 1-year low of $23.46 and a 1-year high of $27.80. The business has a fifty day moving average price of $26.68 and a 200-day moving average price of $26.59.

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