Western Wealth Management LLC Makes New Investment in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

Western Wealth Management LLC acquired 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 disclosure with the Securities and Exchange Commission (SEC). The fund acquired 13,164 shares of the company’s stock, valued at approximately $304,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Ergawealth Advisors Inc. lifted its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 1,416.1% during the fourth quarter. Ergawealth Advisors Inc. now owns 158,285 shares of the company’s stock worth $3,653,000 after buying an additional 147,845 shares in the last quarter. Capital Analysts LLC lifted its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 16.0% during the fourth quarter. Capital Analysts LLC now owns 27,374 shares of the company’s stock worth $632,000 after buying an additional 3,770 shares in the last quarter. Aurora Private Wealth Inc. acquired a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF during the fourth quarter worth $204,000. G&S Capital LLC lifted its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 1.9% during the fourth quarter. G&S Capital LLC now owns 98,240 shares of the company’s stock worth $2,267,000 after buying an additional 1,874 shares in the last quarter. Finally, Cedrus LLC lifted its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 20.9% during the fourth quarter. Cedrus LLC now owns 270,533 shares of the company’s stock worth $6,244,000 after buying an additional 46,778 shares in the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Stock Performance

RDVI stock opened at $23.53 on Tuesday. The firm has a market capitalization of $905.91 million, a P/E ratio of 9.84 and a beta of 0.86. The company has a 50 day moving average of $23.57 and a 200-day moving average of $22.48.

About FT Vest Rising Dividend Achievers Target Income ETF

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.