Accel Wealth Management Increases Position in FT Vest Rising Dividend Achievers Target Income ETF $RDVI

Accel Wealth Management increased its holdings in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 49.0% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 141,030 shares of the company’s stock after buying an additional 46,353 shares during the period. FT Vest Rising Dividend Achievers Target Income ETF comprises about 0.9% of Accel Wealth Management’s holdings, making the stock its 29th biggest position. Accel Wealth Management’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $4,146,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of RDVI. G&S Capital LLC lifted its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 1.6% during the second quarter. G&S Capital LLC now owns 160,757 shares of the company’s stock worth $4,726,000 after acquiring an additional 2,576 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its stake in FT Vest Rising Dividend Achievers Target Income ETF by 36.9% in the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 13,882 shares of the company’s stock valued at $408,000 after purchasing an additional 3,740 shares during the period. Next Level Private LLC grew its stake in FT Vest Rising Dividend Achievers Target Income ETF by 4.1% in the 2nd quarter. Next Level Private LLC now owns 49,650 shares of the company’s stock valued at $1,460,000 after purchasing an additional 1,976 shares during the period. StoneCrest Wealth Management Inc. increased its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 0.6% during the 2nd quarter. StoneCrest Wealth Management Inc. now owns 180,277 shares of the company’s stock valued at $5,300,000 after purchasing an additional 989 shares during the last quarter. Finally, Adamsbrown Wealth Consultants LLC increased its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 2.1% during the 2nd quarter. Adamsbrown Wealth Consultants LLC now owns 686,102 shares of the company’s stock valued at $20,171,000 after purchasing an additional 14,328 shares during the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Price Performance

BATS RDVI opened at $29.81 on Wednesday. The stock has a market capitalization of $2.46 billion, a price-to-earnings ratio of 16.57 and a beta of 1.03. The business’s fifty day moving average is $28.92 and its 200-day moving average is $27.60. FT Vest Rising Dividend Achievers Target Income ETF has a one year low of $24.77 and a one year high of $30.03.

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. RDVI was launched on Oct 19, 2022 and is managed by First Trust.