FT Vest Rising Dividend Achievers Target Income ETF $RDVI Shares Bought by Integrated Wealth Concepts LLC

Integrated Wealth Concepts LLC raised its stake in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 6.4% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 616,804 shares of the company’s stock after buying an additional 37,211 shares during the period. Integrated Wealth Concepts LLC’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $18,134,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. LPL Financial LLC raised its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 8.2% during the 4th quarter. LPL Financial LLC now owns 10,035,654 shares of the company’s stock worth $263,336,000 after acquiring an additional 762,029 shares during the period. Arax Advisory Partners purchased a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF in the fourth quarter valued at about $19,131,000. Osaic Holdings Inc. increased its position in FT Vest Rising Dividend Achievers Target Income ETF by 41.4% during the fourth quarter. Osaic Holdings Inc. now owns 2,094,153 shares of the company’s stock worth $54,955,000 after purchasing an additional 613,273 shares during the last quarter. Raymond James Financial Inc. increased 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 purchasing an additional 414,227 shares during the last quarter. Finally, Cetera Investment Advisers raised its stake in 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 worth $62,549,000 after purchasing an additional 326,378 shares during the period.

FT Vest Rising Dividend Achievers Target Income ETF Price Performance

Shares of RDVI stock opened at $28.78 on Thursday. The company has a market capitalization of $2.38 billion, a PE ratio of 16.57 and a beta of 1.03. The firm’s 50-day moving average is $29.24 and its two-hundred day moving average is $27.92. FT Vest Rising Dividend Achievers Target Income ETF has a 12 month low of $24.77 and a 12 month high of $30.08.

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.