Independent Advisor Alliance Takes Position in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

Independent Advisor Alliance bought a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 403,123 shares of the company’s stock, valued at approximately $9,772,000. Independent Advisor Alliance owned approximately 0.97% of FT Vest Rising Dividend Achievers Target Income ETF at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of RDVI. Global Trust Asset Management LLC bought a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF during the 4th quarter valued at $34,000. Larson Financial Group LLC boosted its stake in FT Vest Rising Dividend Achievers Target Income ETF by 100.3% in the 3rd quarter. Larson Financial Group LLC now owns 1,783 shares of the company’s stock worth $44,000 after purchasing an additional 893 shares in the last quarter. Elevation Wealth Partners LLC bought a new position in FT Vest Rising Dividend Achievers Target Income ETF in the 4th quarter worth about $50,000. Geneos Wealth Management Inc. bought a new position in FT Vest Rising Dividend Achievers Target Income ETF in the 4th quarter worth about $52,000. Finally, Kestra Investment Management LLC bought a new position in FT Vest Rising Dividend Achievers Target Income ETF in the 4th quarter worth about $61,000.

FT Vest Rising Dividend Achievers Target Income ETF Trading Down 3.1 %

Shares of FT Vest Rising Dividend Achievers Target Income ETF stock opened at $23.81 on Tuesday. The company has a market cap of $1.75 billion, a PE ratio of 14.79 and a beta of 1.08. The stock has a 50-day moving average price of $24.95 and a 200-day moving average price of $24.92.

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.