Indivisible Partners Invests $1.29 Million in FT Vest Rising Dividend Achievers Target Income ETF $RDVI

Indivisible Partners bought a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 49,192 shares of the company’s stock, valued at approximately $1,291,000. Indivisible Partners owned 0.06% of FT Vest Rising Dividend Achievers Target Income ETF at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. RFG Advisory LLC lifted its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 8.7% in the fourth quarter. RFG Advisory LLC now owns 188,851 shares of the company’s stock worth $4,955,000 after buying an additional 15,067 shares during the period. Pinnacle Wealth Management Advisory Group LLC lifted its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 6.2% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 342,206 shares of the company’s stock worth $8,979,000 after buying an additional 19,914 shares during the period. KPP Advisory Services LLC lifted its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 12.5% in the fourth quarter. KPP Advisory Services LLC now owns 99,423 shares of the company’s stock worth $2,609,000 after buying an additional 11,026 shares during the period. Aurora Private Wealth Inc. purchased a new stake in FT Vest Rising Dividend Achievers Target Income ETF in the fourth quarter worth about $4,881,000. Finally, Sigma Planning Corp lifted its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 18.3% in the fourth quarter. Sigma Planning Corp now owns 14,999 shares of the company’s stock worth $393,000 after buying an additional 2,319 shares during the period.

FT Vest Rising Dividend Achievers Target Income ETF Price Performance

Shares of RDVI opened at $27.41 on Wednesday. FT Vest Rising Dividend Achievers Target Income ETF has a one year low of $23.15 and a one year high of $27.74. The company has a 50-day simple moving average of $26.56 and a two-hundred day simple moving average of $26.46. The firm has a market capitalization of $2.26 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.