TrueWealth Advisors LLC Has $877,000 Stake in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

TrueWealth Advisors LLC raised its holdings in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 6.5% in the 1st quarter, HoldingsChannel reports. The firm owned 36,982 shares of the company’s stock after purchasing an additional 2,245 shares during the quarter. TrueWealth Advisors LLC’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $877,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. D.A. Davidson & CO. increased its position in FT Vest Rising Dividend Achievers Target Income ETF by 6.8% in the fourth quarter. D.A. Davidson & CO. now owns 85,105 shares of the company’s stock worth $2,063,000 after purchasing an additional 5,405 shares during the period. LPL Financial LLC raised its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 12.4% during the fourth quarter. LPL Financial LLC now owns 5,976,770 shares of the company’s stock worth $144,877,000 after buying an additional 657,819 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 0.7% in the fourth quarter. JPMorgan Chase & Co. now owns 74,108 shares of the company’s stock valued at $1,796,000 after buying an additional 544 shares during the period. Greenleaf Trust bought a new position in FT Vest Rising Dividend Achievers Target Income ETF in the fourth quarter valued at approximately $303,000. Finally, HighTower Advisors LLC grew its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 8.0% during the 4th quarter. HighTower Advisors LLC now owns 277,856 shares of the company’s stock worth $6,735,000 after acquiring an additional 20,493 shares during the period.

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

RDVI stock opened at $24.15 on Wednesday. FT Vest Rising Dividend Achievers Target Income ETF has a twelve month low of $20.43 and a twelve month high of $26.50. The company has a market cap of $1.93 billion, a P/E ratio of 15.15 and a beta of 1.04. The business’s fifty day moving average is $23.14 and its 200-day moving average is $24.32.

FT Vest Rising Dividend Achievers Target Income ETF Increases Dividend

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

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.