Shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI – Get Free Report) hit a new 52-week high on Tuesday . The company traded as high as $29.70 and last traded at $29.55, with a volume of 110752 shares trading hands. The stock had previously closed at $29.40.
FT Vest Rising Dividend Achievers Target Income ETF Price Performance
The firm has a market cap of $2.46 billion, a PE ratio of 16.57 and a beta of 1.03. The stock’s fifty day moving average price is $28.65 and its 200-day moving average price is $27.49.
Hedge Funds Weigh In On FT Vest Rising Dividend Achievers Target Income ETF
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Archer Investment Corp grew its stake in FT Vest Rising Dividend Achievers Target Income ETF by 47.8% during the 1st quarter. Archer Investment Corp now owns 1,191 shares of the company’s stock valued at $30,000 after acquiring an additional 385 shares in the last quarter. Parallel Advisors LLC acquired a new stake in FT Vest Rising Dividend Achievers Target Income ETF in the 3rd quarter valued at about $38,000. US Bancorp DE purchased a new position in FT Vest Rising Dividend Achievers Target Income ETF in the 3rd quarter worth approximately $57,000. IMG Wealth Management Inc. lifted its stake in FT Vest Rising Dividend Achievers Target Income ETF by 21.2% in the 1st 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. Finally, Topsail Wealth Management LLC purchased a new position in FT Vest Rising Dividend Achievers Target Income ETF in the 4th quarter worth approximately $66,000.
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.
Featured Stories
- Five stocks we like better than FT Vest Rising Dividend Achievers Target Income ETF
- Grab Holdings Stock Forms Bottom After Strong Beat-and-Raise Quarter
- Reddit’s U.S. User Decline Raises a Bigger Question After Its Earnings Beat
- Marriott’s Earnings Drop May Be Missing the Bigger Fee Growth Story
- Apple’s AI Strategy Looks Different—Will It Pay Off?
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.
