Kestra Advisory Services LLC Purchases 249,373 Shares of FT Vest Rising Dividend Achievers Target Income ETF $RDVI

Kestra Advisory Services LLC boosted its position in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 24.7% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,259,725 shares of the company’s stock after buying an additional 249,373 shares during the period. Kestra Advisory Services LLC owned approximately 1.53% of FT Vest Rising Dividend Achievers Target Income ETF worth $32,186,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Parallel Advisors LLC acquired a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF in the 3rd quarter valued at approximately $38,000. US Bancorp DE bought a new position in FT Vest Rising Dividend Achievers Target Income ETF in the third quarter valued at approximately $57,000. Topsail Wealth Management LLC bought a new position in FT Vest Rising Dividend Achievers Target Income ETF in the fourth quarter valued at approximately $66,000. Allworth Financial LP increased its stake in FT Vest Rising Dividend Achievers Target Income ETF by 113.2% in the fourth quarter. Allworth Financial LP now owns 2,543 shares of the company’s stock valued at $67,000 after acquiring an additional 1,350 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised its position in FT Vest Rising Dividend Achievers Target Income ETF by 18.8% during the second quarter. Geneos Wealth Management Inc. now owns 3,044 shares of the company’s stock valued at $75,000 after purchasing an additional 482 shares in the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Trading Up 0.4%

BATS RDVI traded up $0.13 on Friday, hitting $29.07. 860,809 shares of the company’s stock were exchanged, compared to its average volume of 625,757. The stock has a 50-day moving average of $28.10 and a 200-day moving average of $27.24. FT Vest Rising Dividend Achievers Target Income ETF has a 52 week low of $24.21 and a 52 week high of $29.47. The stock has a market cap of $2.40 billion, a price-to-earnings ratio of 16.57 and a beta of 1.03.

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.