RFG Advisory LLC Buys 31,358 Shares of FT Vest Rising Dividend Achievers Target Income ETF $RDVI
by Michael Walen · The Markets DailyRFG Advisory LLC grew its stake in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI – Free Report) by 13.9% during the second quarter, HoldingsChannel reports. The firm owned 257,160 shares of the company’s stock after buying an additional 31,358 shares during the quarter. RFG Advisory LLC’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $7,560,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Archer Investment Corp increased its position 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 worth $30,000 after purchasing 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 third quarter valued at approximately $38,000. US Bancorp DE acquired a new stake in FT Vest Rising Dividend Achievers Target Income ETF in the third quarter valued at approximately $57,000. IMG Wealth Management Inc. boosted its position in FT Vest Rising Dividend Achievers Target Income ETF by 21.2% in the first quarter. IMG Wealth Management Inc. now owns 2,312 shares of the company’s stock valued at $59,000 after buying an additional 404 shares in the last quarter. Finally, Topsail Wealth Management LLC bought a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF during the fourth quarter worth $66,000.
FT Vest Rising Dividend Achievers Target Income ETF Stock Performance
Shares of BATS:RDVI opened at $28.98 on Wednesday. The company has a fifty day moving average of $29.25 and a 200-day moving average of $27.91. The company has a market capitalization of $2.39 billion, a PE ratio of 16.57 and a beta of 1.03. FT Vest Rising Dividend Achievers Target Income ETF has a 52-week low of $24.77 and a 52-week high of $30.08.
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.
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Want to see what other hedge funds are holding RDVI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI – Free Report).