FT Vest Rising Dividend Achievers Target Income ETF $RDVI Shares Purchased by Summit Financial Wealth Advisors LLC

Summit Financial Wealth Advisors LLC raised its holdings in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 5.9% during the third quarter, Holdings Channel.com reports. The firm owned 366,275 shares of the company’s stock after purchasing an additional 20,282 shares during the period. FT Vest Rising Dividend Achievers Target Income ETF makes up 1.5% of Summit Financial Wealth Advisors LLC’s holdings, making the stock its 22nd biggest holding. Summit Financial Wealth Advisors LLC’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $9,454,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of RDVI. National Wealth Management Group LLC acquired a new position in FT Vest Rising Dividend Achievers Target Income ETF in the second quarter valued at about $204,000. NWF Advisory Services Inc. purchased a new stake in FT Vest Rising Dividend Achievers Target Income ETF in the second quarter valued at approximately $210,000. Centaurus Financial Inc. lifted its stake in FT Vest Rising Dividend Achievers Target Income ETF by 25.9% during the second quarter. Centaurus Financial Inc. now owns 35,003 shares of the company’s stock worth $865,000 after purchasing an additional 7,206 shares in the last quarter. Orion Porfolio Solutions LLC boosted its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 23.0% during the second quarter. Orion Porfolio Solutions LLC now owns 55,708 shares of the company’s stock worth $1,377,000 after buying an additional 10,403 shares during the period. Finally, Thrivent Financial for Lutherans grew its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 4.2% in the second quarter. Thrivent Financial for Lutherans now owns 35,109 shares of the company’s stock valued at $868,000 after buying an additional 1,404 shares in the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Trading Up 7.9%

RDVI stock opened at $26.51 on Tuesday. The business’s fifty day moving average price is $25.73 and its 200 day moving average price is $25.27. FT Vest Rising Dividend Achievers Target Income ETF has a 12-month low of $20.43 and a 12-month high of $26.50. The company has a market capitalization of $2.19 billion, a PE ratio of 16.57 and a beta of 1.03.

FT Vest Rising Dividend Achievers Target Income ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, November 28th. Shareholders of record on Friday, November 21st were paid a dividend of $0.1785 per share. The ex-dividend date was Friday, November 21st. This represents a c) dividend on an annualized basis and a yield of 8.1%.

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.