Truist Financial Corp Raises Holdings in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

Truist Financial Corp lifted its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 7.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,379,054 shares of the company’s stock after purchasing an additional 95,361 shares during the period. Truist Financial Corp owned about 3.33% of FT Vest Rising Dividend Achievers Target Income ETF worth $33,428,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Sanctuary Advisors LLC increased its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 59.0% during the 4th quarter. Sanctuary Advisors LLC now owns 107,646 shares of the company’s stock worth $2,764,000 after purchasing an additional 39,934 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC increased its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 16.8% during the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 240,095 shares of the company’s stock worth $5,820,000 after purchasing an additional 34,589 shares in the last quarter. J.W. Cole Advisors Inc. increased its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 35.6% during the 4th quarter. J.W. Cole Advisors Inc. now owns 46,107 shares of the company’s stock worth $1,118,000 after purchasing an additional 12,093 shares in the last quarter. Strategic Financial Concepts LLC purchased a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF during the 4th quarter worth approximately $562,000. Finally, Hickory Asset Management Inc. purchased a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF during the 4th quarter worth approximately $255,000.

FT Vest Rising Dividend Achievers Target Income ETF Stock Performance

Shares of RDVI opened at $25.67 on Wednesday. The stock has a market cap of $1.06 billion, a PE ratio of 9.92 and a beta of 0.79. The stock’s fifty day simple moving average is $24.96 and its 200 day simple moving average is $24.80.

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.