FT Vest Rising Dividend Achievers Target Income ETF $RDVI Shares Acquired by Patriot Financial Group Insurance Agency LLC

Patriot Financial Group Insurance Agency LLC increased its stake in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 110.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 327,228 shares of the company’s stock after buying an additional 171,510 shares during the period. Patriot Financial Group Insurance Agency LLC owned about 0.40% of FT Vest Rising Dividend Achievers Target Income ETF worth $8,361,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in RDVI. Janney Montgomery Scott LLC boosted its stake in FT Vest Rising Dividend Achievers Target Income ETF by 6.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 666,175 shares of the company’s stock valued at $17,021,000 after acquiring an additional 37,515 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC increased its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 1.2% in the 1st quarter. Pinnacle Wealth Management Advisory Group LLC now owns 346,412 shares of the company’s stock worth $8,851,000 after purchasing an additional 4,206 shares during the last quarter. Sequent Planning LLC raised its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 5.7% in the 1st quarter. Sequent Planning LLC now owns 102,446 shares of the company’s stock valued at $2,617,000 after purchasing an additional 5,545 shares in the last quarter. Topsail Wealth Management LLC raised its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 103.8% in the 1st quarter. Topsail Wealth Management LLC now owns 5,094 shares of the company’s stock valued at $130,000 after purchasing an additional 2,594 shares in the last quarter. Finally, Independent Wealth Network Inc. lifted its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 3.9% during the first quarter. Independent Wealth Network Inc. now owns 16,624 shares of the company’s stock worth $425,000 after purchasing an additional 628 shares during the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Stock Performance

Shares of RDVI stock opened at $28.86 on Friday. The stock has a market capitalization of $2.38 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 one year low of $24.21 and a one year high of $29.18. The company’s 50-day simple moving average is $27.78 and its 200-day simple moving average is $27.05.

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.