NewEdge Advisors LLC cut its position in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI – Free Report) by 28.1% during the 1st quarter, Holdings Channel.com reports. The firm owned 136,805 shares of the company’s stock after selling 53,532 shares during the period. NewEdge Advisors LLC’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $3,495,000 at the end of the most recent reporting period.
A number of other large investors also recently modified their holdings of the company. Archer Investment Corp lifted its position in FT Vest Rising Dividend Achievers Target Income ETF by 47.8% in the 1st quarter. Archer Investment Corp now owns 1,191 shares of the company’s stock worth $30,000 after buying an additional 385 shares during the last quarter. Parallel Advisors LLC purchased a new stake in FT Vest Rising Dividend Achievers Target Income ETF in the third quarter worth approximately $38,000. US Bancorp DE bought a new position in FT Vest Rising Dividend Achievers Target Income ETF during the third quarter valued at approximately $57,000. IMG Wealth Management Inc. grew its position in FT Vest Rising Dividend Achievers Target Income ETF by 21.2% during the first quarter. IMG Wealth Management Inc. now owns 2,312 shares of the company’s stock valued at $59,000 after acquiring an additional 404 shares during the last quarter. Finally, Topsail Wealth Management LLC purchased a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF during the fourth quarter worth approximately $66,000.
FT Vest Rising Dividend Achievers Target Income ETF Stock Performance
RDVI stock opened at $29.20 on Friday. The company has a market capitalization of $2.41 billion, a PE ratio of 16.57 and a beta of 1.03. FT Vest Rising Dividend Achievers Target Income ETF has a one year low of $24.21 and a one year high of $29.47. The company’s 50 day moving average price is $28.61 and its two-hundred day moving average price is $27.47.
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.
Further Reading
- Five stocks we like better than FT Vest Rising Dividend Achievers Target Income ETF
- Chevron’s Strong Quarter Shows Why It Still Leads the Energy Sector
- Amazon’s Earnings Beat Shows Why AWS Is Back at the Center of the Bull Case
- Apple’s Record Quarter Could Not Outrun Its Guidance Problem
- McKesson’s Compounding Keeps Adding Up
Want to see what other hedge funds are holding RDVI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI – Free Report).
Receive News & Ratings for FT Vest Rising Dividend Achievers Target Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FT Vest Rising Dividend Achievers Target Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
