IFP Advisors Inc Raises Stock Position in FT Vest Rising Dividend Achievers Target Income ETF $RDVI

IFP Advisors Inc lifted its position in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 29.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 239,480 shares of the company’s stock after acquiring an additional 54,139 shares during the quarter. IFP Advisors Inc owned 0.29% of FT Vest Rising Dividend Achievers Target Income ETF worth $7,041,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of RDVI. Archer Investment Corp grew its holdings in shares of 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 acquiring an additional 385 shares during the period. Parallel Advisors LLC acquired a new position in FT Vest Rising Dividend Achievers Target Income ETF during the third quarter worth $38,000. Coppell Advisory Solutions LLC purchased a new stake in FT Vest Rising Dividend Achievers Target Income ETF during the second quarter worth $50,000. US Bancorp DE purchased a new stake in FT Vest Rising Dividend Achievers Target Income ETF during the third quarter worth $57,000. Finally, IMG Wealth Management Inc. boosted 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 worth $59,000 after purchasing an additional 404 shares in the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Stock Performance

FT Vest Rising Dividend Achievers Target Income ETF stock opened at $28.78 on Thursday. FT Vest Rising Dividend Achievers Target Income ETF has a fifty-two week low of $24.77 and a fifty-two week high of $30.08. The firm has a market capitalization of $2.38 billion, a price-to-earnings ratio of 16.57 and a beta of 1.03. The stock’s fifty day moving average is $29.24 and its two-hundred day moving average is $27.92.

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.