Secure Asset Management LLC Purchases 859 Shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

Secure Asset Management LLC raised its position in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 1.8% during the first quarter, Holdings Channel.com reports. The fund owned 49,634 shares of the company’s stock after purchasing an additional 859 shares during the quarter. Secure Asset Management LLC’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $1,177,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. IMG Wealth Management Inc. bought a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF in the fourth quarter worth about $28,000. Elevation Wealth Partners LLC purchased a new stake in FT Vest Rising Dividend Achievers Target Income ETF in the 4th quarter worth approximately $50,000. Kestra Investment Management LLC bought a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF in the 4th quarter worth approximately $61,000. Comerica Bank grew its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 29.6% in the 4th quarter. Comerica Bank now owns 4,790 shares of the company’s stock worth $116,000 after buying an additional 1,095 shares during the last quarter. Finally, IronOak Wealth LLC. purchased a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF during the fourth quarter valued at approximately $204,000.

FT Vest Rising Dividend Achievers Target Income ETF Stock Down 1.7%

Shares of FT Vest Rising Dividend Achievers Target Income ETF stock opened at $24.15 on Wednesday. The business has a 50 day moving average of $23.14 and a 200 day moving average of $24.32. FT Vest Rising Dividend Achievers Target Income ETF has a 52 week low of $20.43 and a 52 week high of $26.50. The company has a market cap of $1.93 billion, a PE ratio of 15.15 and a beta of 1.04.

FT Vest Rising Dividend Achievers Target Income ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were given a dividend of $0.174 per share. This is an increase from FT Vest Rising Dividend Achievers Target Income ETF’s previous dividend of $0.16. The ex-dividend date was Thursday, March 27th.

About FT Vest Rising Dividend Achievers Target Income ETF

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.