Gateway Wealth Partners LLC increased its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI – Free Report) by 108.4% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 322,638 shares of the company’s stock after purchasing an additional 167,789 shares during the quarter. Gateway Wealth Partners LLC’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $8,243,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently bought and sold shares of RDVI. Archer Investment Corp boosted its stake in FT Vest Rising Dividend Achievers Target Income ETF by 47.8% during the first quarter. Archer Investment Corp now owns 1,191 shares of the company’s stock worth $30,000 after buying an additional 385 shares during the period. Parallel Advisors LLC purchased a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF in the third quarter valued at $38,000. US Bancorp DE purchased a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF in the third quarter valued at $57,000. Topsail Wealth Management LLC bought a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF in the 4th quarter worth about $66,000. Finally, Allworth Financial LP boosted its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 113.2% during the 4th quarter. Allworth Financial LP now owns 2,543 shares of the company’s stock worth $67,000 after purchasing an additional 1,350 shares during the period.
FT Vest Rising Dividend Achievers Target Income ETF Price Performance
Shares of BATS:RDVI opened at $28.82 on Monday. FT Vest Rising Dividend Achievers Target Income ETF has a 1 year low of $24.21 and a 1 year high of $29.47. The business has a 50 day simple moving average of $28.42 and a two-hundred day simple moving average of $27.41. The firm has a market capitalization of $2.38 billion, a PE ratio of 16.57 and a beta of 1.03.
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.
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