Summit Financial Wealth Advisors LLC increased its position in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI – Free Report) by 52.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 620,073 shares of the company’s stock after buying an additional 213,208 shares during the period. FT Vest Rising Dividend Achievers Target Income ETF comprises about 2.1% of Summit Financial Wealth Advisors LLC’s portfolio, making the stock its 12th biggest position. Summit Financial Wealth Advisors LLC’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $17,288,000 at the end of the most recent reporting period.
Several other hedge funds have also recently added to or reduced their stakes in the company. RFG Advisory LLC lifted its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 13.9% during the 2nd quarter. RFG Advisory LLC now owns 257,160 shares of the company’s stock worth $7,560,000 after purchasing an additional 31,358 shares during the last quarter. NewEdge Advisors LLC increased its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 25.7% in the second quarter. NewEdge Advisors LLC now owns 279,969 shares of the company’s stock valued at $8,231,000 after buying an additional 57,233 shares during the last quarter. Integrated Wealth Concepts LLC increased its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 6.4% in the second quarter. Integrated Wealth Concepts LLC now owns 616,804 shares of the company’s stock valued at $18,134,000 after buying an additional 37,211 shares during the last quarter. Bullseye Investment Management LLC acquired a new stake in FT Vest Rising Dividend Achievers Target Income ETF in the second quarter valued at $17,907,000. Finally, Coppell Advisory Solutions LLC acquired a new stake in FT Vest Rising Dividend Achievers Target Income ETF in the second quarter valued at $50,000.
FT Vest Rising Dividend Achievers Target Income ETF Stock Performance
BATS RDVI traded up $0.21 during trading on Thursday, reaching $28.27. 893,041 shares of the company’s stock were exchanged, compared to its average volume of 810,761. The stock has a market cap of $2.34 billion, a P/E ratio of 16.57 and a beta of 1.03. The company has a 50 day moving average price of $28.84 and a two-hundred day moving average price of $28.26. FT Vest Rising Dividend Achievers Target Income ETF has a 1 year low of $24.77 and a 1 year high of $30.08.
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.
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