Gateway Wealth Partners LLC lifted its stake in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI – Free Report) by 108.4% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 322,638 shares of the company’s stock after buying an additional 167,789 shares during the quarter. Gateway Wealth Partners LLC owned approximately 0.39% of FT Vest Rising Dividend Achievers Target Income ETF worth $8,243,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Cetera Investment Advisers increased its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 15.4% in the 1st quarter. Cetera Investment Advisers now owns 2,448,107 shares of the company’s stock valued at $62,549,000 after acquiring an additional 326,378 shares during the last quarter. Signature Equity Partners LLC boosted its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 27.6% during the 1st quarter. Signature Equity Partners LLC now owns 23,762 shares of the company’s stock valued at $607,000 after purchasing an additional 5,135 shares during the last quarter. Insight Advisors LLC PA grew its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 1.0% during the first quarter. Insight Advisors LLC PA now owns 42,579 shares of the company’s stock valued at $1,088,000 after purchasing an additional 435 shares in the last quarter. Legacy Wealth Managment LLC ID increased its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 76.1% in the first quarter. Legacy Wealth Managment LLC ID now owns 62,022 shares of the company’s stock worth $1,585,000 after purchasing an additional 26,808 shares during the last quarter. Finally, Parallel Advisors LLC lifted its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 117.5% in the first quarter. Parallel Advisors LLC now owns 3,299 shares of the company’s stock worth $84,000 after buying an additional 1,782 shares in the last quarter.
FT Vest Rising Dividend Achievers Target Income ETF Stock Performance
Shares of FT Vest Rising Dividend Achievers Target Income ETF stock opened at $28.82 on Monday. The stock has a 50 day moving average of $28.42 and a 200 day moving average of $27.41. FT Vest Rising Dividend Achievers Target Income ETF has a 12 month low of $24.21 and a 12 month high of $29.47. The firm has a market cap of $2.38 billion, a PE ratio of 16.57 and a beta of 1.03.
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. RDVI was launched on Oct 19, 2022 and is managed by First Trust.
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