Wells Fargo & Company MN Purchases 864,926 Shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

Wells Fargo & Company MN boosted its position in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 118.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,596,451 shares of the company’s stock after purchasing an additional 864,926 shares during the period. Wells Fargo & Company MN owned about 3.86% of FT Vest Rising Dividend Achievers Target Income ETF worth $38,698,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. IMG Wealth Management Inc. bought a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF in the fourth quarter worth about $28,000. Global Trust Asset Management LLC acquired a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF during the 4th quarter worth approximately $34,000. Elevation Wealth Partners LLC acquired a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF during the 4th quarter worth approximately $50,000. Geneos Wealth Management Inc. acquired a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF during the 4th quarter worth approximately $52,000. Finally, Kestra Investment Management LLC acquired a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF during the 4th quarter worth approximately $61,000.

FT Vest Rising Dividend Achievers Target Income ETF Price Performance

Shares of BATS:RDVI opened at $21.89 on Friday. The stock has a market cap of $1.65 billion, a price-to-earnings ratio of 14.88 and a beta of 1.08. The company has a 50 day moving average of $24.04 and a 200-day moving average of $24.73. FT Vest Rising Dividend Achievers Target Income ETF has a one year low of $20.43 and a one year high of $26.50.

FT Vest Rising Dividend Achievers Target Income ETF Increases Dividend

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

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.