FT Vest Rising Dividend Achievers Target Income ETF $RDVI Shares Bought by Merit Financial Group LLC

Merit Financial Group LLC increased its holdings in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 4.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 673,128 shares of the company’s stock after purchasing an additional 27,125 shares during the quarter. Merit Financial Group LLC owned 0.81% of FT Vest Rising Dividend Achievers Target Income ETF worth $17,663,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Total Clarity Wealth Management Inc. boosted its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 2.6% during the third quarter. Total Clarity Wealth Management Inc. now owns 16,727 shares of the company’s stock worth $432,000 after buying an additional 422 shares in the last quarter. Ausdal Financial Partners Inc. lifted its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 0.7% during the 3rd quarter. Ausdal Financial Partners Inc. now owns 65,095 shares of the company’s stock valued at $1,683,000 after acquiring an additional 439 shares during the last quarter. Cornerstone Wealth Management LLC lifted its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 5.2% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 9,395 shares of the company’s stock valued at $243,000 after acquiring an additional 462 shares during the last quarter. Geneos Wealth Management Inc. boosted its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 18.8% during the 2nd quarter. Geneos Wealth Management Inc. now owns 3,044 shares of the company’s stock worth $75,000 after acquiring an additional 482 shares in the last quarter. Finally, Brookwood Investment Group LLC boosted its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 7.5% during the 3rd quarter. Brookwood Investment Group LLC now owns 9,478 shares of the company’s stock worth $245,000 after acquiring an additional 665 shares in the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Stock Down 0.4%

Shares of BATS RDVI opened at $27.16 on Friday. The stock’s fifty day simple moving average is $26.50 and its 200 day simple moving average is $26.31. The stock has a market capitalization of $2.24 billion, a price-to-earnings ratio of 16.57 and a beta of 1.03. FT Vest Rising Dividend Achievers Target Income ETF has a 52-week low of $21.48 and a 52-week high of $27.57.

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.