Indivisible Partners Makes New Investment in FT Vest Rising Dividend Achievers Target Income ETF $RDVI

Indivisible Partners acquired a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 49,192 shares of the company’s stock, valued at approximately $1,291,000.

Other hedge funds have also recently modified their holdings of the company. Parallel Advisors LLC bought a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF during the 3rd quarter valued at $38,000. US Bancorp DE bought a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF during the 3rd quarter valued at $57,000. Geneos Wealth Management Inc. grew its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 18.8% during the 2nd quarter. Geneos Wealth Management Inc. now owns 3,044 shares of the company’s stock valued at $75,000 after acquiring an additional 482 shares during the period. Larson Financial Group LLC grew its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 89.5% during the 3rd quarter. Larson Financial Group LLC now owns 3,493 shares of the company’s stock valued at $90,000 after acquiring an additional 1,650 shares during the period. Finally, Wagner Wealth Management LLC grew its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 124.8% during the 4th quarter. Wagner Wealth Management LLC now owns 4,452 shares of the company’s stock valued at $117,000 after acquiring an additional 2,472 shares during the period.

FT Vest Rising Dividend Achievers Target Income ETF Price Performance

Shares of RDVI stock opened at $27.41 on Wednesday. FT Vest Rising Dividend Achievers Target Income ETF has a 1 year low of $23.15 and a 1 year high of $27.74. The firm has a fifty day moving average price of $26.56 and a 200-day moving average price of $26.46. The company has a market cap of $2.26 billion, a price-to-earnings ratio of 16.57 and a beta of 1.03.

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. RDVI was launched on Oct 19, 2022 and is managed by First Trust.