20,090 Shares in FT Vest Rising Dividend Achievers Target Income ETF $RDVI Acquired by Marshall Investment Management LLC

Marshall Investment Management LLC bought a new position in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) during the 3rd quarter, Holdings Channel reports. The institutional investor bought 20,090 shares of the company’s stock, valued at approximately $519,000.

Several other large investors have also recently bought and sold shares of RDVI. Envestnet Asset Management Inc. increased its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 50.5% in the third quarter. Envestnet Asset Management Inc. now owns 923,088 shares of the company’s stock worth $23,862,000 after purchasing an additional 309,852 shares during the period. Argent Advisors Inc. boosted its stake in FT Vest Rising Dividend Achievers Target Income ETF by 5.1% during the third quarter. Argent Advisors Inc. now owns 406,424 shares of the company’s stock valued at $10,506,000 after buying an additional 19,723 shares during the period. Merit Financial Group LLC purchased a new position in FT Vest Rising Dividend Achievers Target Income ETF during the third quarter worth about $16,699,000. Delta Investment Management LLC grew its position in FT Vest Rising Dividend Achievers Target Income ETF by 33.6% during the third quarter. Delta Investment Management LLC now owns 106,547 shares of the company’s stock worth $2,754,000 after buying an additional 26,770 shares in the last quarter. Finally, Adamsbrown Wealth Consultants LLC increased its stake in FT Vest Rising Dividend Achievers Target Income ETF by 10.0% in the 3rd quarter. Adamsbrown Wealth Consultants LLC now owns 595,337 shares of the company’s stock worth $15,389,000 after acquiring an additional 54,333 shares during the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Stock Up 0.9%

BATS:RDVI opened at $25.83 on Tuesday. The business’s 50-day moving average price is $26.98 and its two-hundred day moving average price is $26.24. FT Vest Rising Dividend Achievers Target Income ETF has a twelve month low of $20.43 and a twelve month high of $27.57. The stock has a market cap of $2.13 billion, a P/E ratio of 16.57 and a beta of 1.03.

FT Vest Rising Dividend Achievers Target Income ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 20th were given a dividend of $0.1918 per share. The ex-dividend date was Friday, February 20th. This represents a c) annualized dividend and a yield of 8.9%.

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.