FT Vest Rising Dividend Achievers Target Income ETF $RDVI Shares Bought by Silver Oak Securities Incorporated

Silver Oak Securities Incorporated raised its stake in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 16.0% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 400,024 shares of the company’s stock after buying an additional 55,203 shares during the quarter. FT Vest Rising Dividend Achievers Target Income ETF makes up approximately 0.8% of Silver Oak Securities Incorporated’s investment portfolio, making the stock its 27th largest position. Silver Oak Securities Incorporated owned about 0.48% of FT Vest Rising Dividend Achievers Target Income ETF worth $10,341,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of RDVI. Raymond James Financial Inc. grew its holdings 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 valued at $63,983,000 after purchasing an additional 407,656 shares during the period. Royal Bank of Canada raised its stake in FT Vest Rising Dividend Achievers Target Income ETF by 41.1% during the first quarter. Royal Bank of Canada now owns 1,672,762 shares of the company’s stock worth $39,678,000 after purchasing an additional 487,625 shares during the period. Cetera Investment Advisers boosted 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 valued at $37,598,000 after purchasing an additional 159,276 shares during the last quarter. Atlas Private Wealth Advisors grew its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 69.7% in the 2nd quarter. Atlas Private Wealth Advisors now owns 903,006 shares of the company’s stock valued at $22,313,000 after buying an additional 370,852 shares during the period. Finally, Pinnacle Associates Ltd. increased its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 5.6% during the 2nd quarter. Pinnacle Associates Ltd. now owns 772,479 shares of the company’s stock worth $19,088,000 after buying an additional 40,772 shares during the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Stock Performance

RDVI stock opened at $26.25 on Friday. FT Vest Rising Dividend Achievers Target Income ETF has a one year low of $20.43 and a one year high of $26.50. The firm has a market cap of $2.17 billion, a PE ratio of 16.57 and a beta of 1.03. The firm’s 50 day moving average price is $25.96 and its 200-day moving average price is $25.46.

FT Vest Rising Dividend Achievers Target Income ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, November 28th. Shareholders of record on Friday, November 21st were given a $0.1785 dividend. The ex-dividend date was Friday, November 21st. This represents a c) dividend on an annualized basis and a yield of 8.2%.

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.