Trueblood Wealth Management LLC Increases Stake in FT Vest Rising Dividend Achievers Target Income ETF $RDVI

Trueblood Wealth Management LLC grew its holdings in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 14.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 162,908 shares of the company’s stock after buying an additional 20,333 shares during the period. FT Vest Rising Dividend Achievers Target Income ETF makes up 1.7% of Trueblood Wealth Management LLC’s portfolio, making the stock its 6th largest holding. Trueblood Wealth Management LLC owned approximately 0.20% of FT Vest Rising Dividend Achievers Target Income ETF worth $4,275,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Parallel Advisors LLC purchased a new position in FT Vest Rising Dividend Achievers Target Income ETF in the third quarter worth about $38,000. US Bancorp DE bought a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF in the 3rd quarter valued at approximately $57,000. Geneos Wealth Management Inc. boosted its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 18.8% in the 2nd quarter. Geneos Wealth Management Inc. now owns 3,044 shares of the company’s stock worth $75,000 after purchasing an additional 482 shares during the period. Larson Financial Group LLC boosted its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 89.5% in the 3rd quarter. Larson Financial Group LLC now owns 3,493 shares of the company’s stock worth $90,000 after purchasing an additional 1,650 shares during the period. Finally, Founders Financial Alliance LLC bought a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF during the 3rd quarter valued at approximately $116,000.

FT Vest Rising Dividend Achievers Target Income ETF Stock Performance

BATS:RDVI opened at $25.74 on Monday. The firm has a market capitalization of $2.13 billion, a PE ratio of 16.57 and a beta of 1.03. The stock’s fifty day moving average is $26.56 and its 200 day moving average is $26.25. FT Vest Rising Dividend Achievers Target Income ETF has a fifty-two week low of $20.43 and a fifty-two week high of $27.57.

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.