Independent Financial Group LLC Acquires Shares of 167,085 FT Vest Rising Dividend Achievers Target Income ETF $RDVI

Independent Financial Group LLC bought a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 167,085 shares of the company’s stock, valued at approximately $4,269,000. Independent Financial Group LLC owned about 0.20% of FT Vest Rising Dividend Achievers Target Income ETF as of its most recent SEC filing.

A number of other large investors have also modified their holdings of RDVI. LPL Financial LLC raised its position in shares of 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 valued at $263,336,000 after buying an additional 762,029 shares during the last quarter. Raymond James Financial Inc. boosted its position in FT Vest Rising Dividend Achievers Target Income ETF by 16.0% during 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. Wells Fargo & Company MN grew its stake in FT Vest Rising Dividend Achievers Target Income ETF by 11.1% during the 4th quarter. Wells Fargo & Company MN now owns 2,928,956 shares of the company’s stock valued at $76,856,000 after acquiring an additional 291,563 shares in the last quarter. Stifel Financial Corp grew its stake in FT Vest Rising Dividend Achievers Target Income ETF by 1.9% during the 4th quarter. Stifel Financial Corp now owns 2,260,305 shares of the company’s stock valued at $59,310,000 after acquiring an additional 41,090 shares in the last quarter. Finally, Royal Bank of Canada raised its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 11.0% in the 4th quarter. Royal Bank of Canada now owns 2,182,106 shares of the company’s stock valued at $57,258,000 after acquiring an additional 215,937 shares during the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Price Performance

RDVI opened at $29.00 on Friday. The company’s 50 day simple moving average is $28.26 and its two-hundred day simple moving average is $27.32. 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 firm has a market capitalization of $2.40 billion, a price-to-earnings ratio of 16.57 and a beta of 1.03.

FT Vest Rising Dividend Achievers Target Income ETF Company 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.