LPL Financial LLC Raises Holdings in FT Vest Rising Dividend Achievers Target Income ETF $RDVI

LPL Financial LLC boosted its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 8.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,035,654 shares of the company’s stock after purchasing an additional 762,029 shares during the quarter. LPL Financial LLC owned approximately 0.12% of FT Vest Rising Dividend Achievers Target Income ETF worth $263,336,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of RDVI. Parallel Advisors LLC purchased a new stake in FT Vest Rising Dividend Achievers Target Income ETF during the 3rd quarter worth about $38,000. US Bancorp DE purchased a new stake in FT Vest Rising Dividend Achievers Target Income ETF during the 3rd quarter worth about $57,000. Topsail Wealth Management LLC purchased a new stake in FT Vest Rising Dividend Achievers Target Income ETF during the 4th quarter worth about $66,000. Allworth Financial LP increased its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 113.2% in the 4th 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. increased its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 18.8% in the 2nd quarter. Geneos Wealth Management Inc. now owns 3,044 shares of the company’s stock valued at $75,000 after acquiring an additional 482 shares during the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Stock Performance

RDVI opened at $27.97 on Wednesday. FT Vest Rising Dividend Achievers Target Income ETF has a one year low of $23.93 and a one year high of $28.26. The company has a market cap of $2.31 billion, a P/E ratio of 16.57 and a beta of 1.03. The business’s 50-day simple moving average is $27.16 and its 200-day simple moving average is $26.78.

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.