FT Vest Rising Dividend Achievers Target Income ETF $RDVI Shares Purchased by NewEdge Advisors LLC

NewEdge Advisors LLC grew its position in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 17.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 222,736 shares of the company’s stock after buying an additional 32,399 shares during the quarter. NewEdge Advisors LLC owned 0.27% of FT Vest Rising Dividend Achievers Target Income ETF worth $5,691,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Bison Wealth LLC raised its position in FT Vest Rising Dividend Achievers Target Income ETF by 20.6% during the fourth quarter. Bison Wealth LLC now owns 18,580 shares of the company’s stock worth $450,000 after acquiring an additional 3,180 shares during the last quarter. Goldman Sachs Group Inc. acquired a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF during the 1st quarter worth approximately $2,354,000. Jane Street Group LLC raised its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 215.9% during the 1st quarter. Jane Street Group LLC now owns 110,807 shares of the company’s stock worth $2,628,000 after purchasing an additional 75,734 shares during the last quarter. First Trust Advisors LP purchased a new stake in FT Vest Rising Dividend Achievers Target Income ETF in the 2nd quarter valued at approximately $686,000. Finally, Cresset Asset Management LLC acquired a new stake in FT Vest Rising Dividend Achievers Target Income ETF during the 2nd quarter valued at $227,000.

FT Vest Rising Dividend Achievers Target Income ETF Stock Performance

FT Vest Rising Dividend Achievers Target Income ETF stock opened at $29.77 on Tuesday. The stock has a fifty day moving average of $28.87 and a two-hundred day moving average of $27.58. The company has a market capitalization of $2.46 billion, a price-to-earnings ratio of 16.57 and a beta of 1.03. FT Vest Rising Dividend Achievers Target Income ETF has a fifty-two week low of $24.77 and a fifty-two week high of $30.03.

FT Vest Rising Dividend Achievers Target Income ETF 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.