729,093 Shares in FT Vest Rising Dividend Achievers Target Income ETF $RDVI Purchased by Arax Advisory Partners

Arax Advisory Partners acquired a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 729,093 shares of the company’s stock, valued at approximately $19,131,000.

Other large investors have also made changes to their positions in the company. Parallel Advisors LLC acquired a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF during the 3rd quarter worth about $38,000. US Bancorp DE acquired a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF during the 3rd quarter worth about $57,000. Topsail Wealth Management LLC acquired a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF during the 4th quarter worth about $66,000. Allworth Financial LP lifted its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 113.2% during the 4th quarter. Allworth Financial LP now owns 2,543 shares of the company’s stock worth $67,000 after purchasing an additional 1,350 shares during the last quarter. Finally, Geneos Wealth Management Inc. lifted 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 worth $75,000 after purchasing an additional 482 shares during the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Stock Up 1.1%

FT Vest Rising Dividend Achievers Target Income ETF stock opened at $28.66 on Friday. The business has a 50 day moving average price of $27.33 and a two-hundred day moving average price of $26.84. The stock has a market cap of $2.37 billion, a price-to-earnings ratio of 16.57 and a beta of 1.03. FT Vest Rising Dividend Achievers Target Income ETF has a 12 month low of $23.93 and a 12 month high of $28.68.

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