Summit Financial Wealth Advisors LLC lifted its holdings in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI – Free Report) by 6.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 395,850 shares of the company’s stock after buying an additional 25,559 shares during the quarter. FT Vest Rising Dividend Achievers Target Income ETF makes up about 1.4% of Summit Financial Wealth Advisors LLC’s holdings, making the stock its 21st biggest holding. Summit Financial Wealth Advisors LLC’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $10,114,000 at the end of the most recent quarter.
Other hedge funds have also bought and sold shares of the company. LPL Financial LLC grew its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 8.2% in the fourth quarter. LPL Financial LLC now owns 10,035,654 shares of the company’s stock worth $263,336,000 after purchasing an additional 762,029 shares during the period. Arax Advisory Partners bought a new stake in FT Vest Rising Dividend Achievers Target Income ETF in the fourth quarter worth $19,131,000. Osaic Holdings Inc. grew its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 41.4% in the fourth quarter. Osaic Holdings Inc. now owns 2,094,153 shares of the company’s stock worth $54,955,000 after acquiring an additional 613,273 shares during the last quarter. Raymond James Financial Inc. grew its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 16.0% in the third quarter. Raymond James Financial Inc. now owns 3,003,567 shares of the company’s stock worth $77,642,000 after acquiring an additional 414,227 shares during the last quarter. Finally, Cetera Investment Advisers increased its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 15.4% during the first quarter. Cetera Investment Advisers now owns 2,448,107 shares of the company’s stock valued at $62,549,000 after acquiring an additional 326,378 shares in the last quarter.
FT Vest Rising Dividend Achievers Target Income ETF Stock Performance
Shares of FT Vest Rising Dividend Achievers Target Income ETF stock opened at $29.20 on Friday. The company has a 50-day simple moving average of $28.61 and a two-hundred day simple moving average of $27.47. The stock has a market capitalization of $2.41 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 $24.21 and a 52-week high of $29.47.
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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