StoneX Group Inc. Purchases 38,327 Shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

StoneX Group Inc. raised its position in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 91.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 80,234 shares of the company’s stock after acquiring an additional 38,327 shares during the quarter. StoneX Group Inc. owned approximately 0.19% of FT Vest Rising Dividend Achievers Target Income ETF worth $1,945,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the company. Sandy Spring Bank raised its stake in FT Vest Rising Dividend Achievers Target Income ETF by 0.8% in the 4th quarter. Sandy Spring Bank now owns 56,003 shares of the company’s stock valued at $1,358,000 after acquiring an additional 470 shares during the period. JPMorgan Chase & Co. raised its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 0.7% in the fourth quarter. JPMorgan Chase & Co. now owns 74,108 shares of the company’s stock valued at $1,796,000 after purchasing an additional 544 shares during the period. Beacon Financial Group lifted its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 1.4% during the 4th quarter. Beacon Financial Group now owns 48,450 shares of the company’s stock worth $1,174,000 after buying an additional 666 shares during the last quarter. Ergawealth Advisors Inc. boosted its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 0.4% during the 4th quarter. Ergawealth Advisors Inc. now owns 222,984 shares of the company’s stock worth $5,405,000 after buying an additional 944 shares during the period. Finally, RFG Advisory LLC grew its stake in FT Vest Rising Dividend Achievers Target Income ETF by 1.5% in the 4th quarter. RFG Advisory LLC now owns 74,282 shares of the company’s stock valued at $1,801,000 after buying an additional 1,074 shares during the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Stock Down 3.2 %

Shares of RDVI stock opened at $23.78 on Wednesday. FT Vest Rising Dividend Achievers Target Income ETF has a 12-month low of $22.30 and a 12-month high of $26.50. The company has a market capitalization of $1.79 billion, a PE ratio of 14.88 and a beta of 1.08. The firm has a 50 day moving average price of $24.66 and a two-hundred day moving average price of $24.89.

FT Vest Rising Dividend Achievers Target Income ETF Increases Dividend

The company also recently declared a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were issued a dividend of $0.174 per share. This is a boost from FT Vest Rising Dividend Achievers Target Income ETF’s previous dividend of $0.16. The ex-dividend date was Thursday, March 27th.

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.