FT Vest Rising Dividend Achievers Target Income ETF $RDVI Shares Sold by Ergawealth Advisors Inc.

Ergawealth Advisors Inc. cut its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 25.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 191,905 shares of the company’s stock after selling 63,982 shares during the quarter. FT Vest Rising Dividend Achievers Target Income ETF accounts for 2.1% of Ergawealth Advisors Inc.’s portfolio, making the stock its 15th largest holding. Ergawealth Advisors Inc. owned 0.23% of FT Vest Rising Dividend Achievers Target Income ETF worth $4,742,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Sunbelt Securities Inc. increased its stake in FT Vest Rising Dividend Achievers Target Income ETF by 2.6% in the 1st quarter. Sunbelt Securities Inc. now owns 17,366 shares of the company’s stock worth $412,000 after purchasing an additional 440 shares in the last quarter. Novem Group increased its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 2.2% in the first quarter. Novem Group now owns 21,685 shares of the company’s stock worth $514,000 after acquiring an additional 460 shares in the last quarter. Avior Wealth Management LLC raised its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 1.7% during the first quarter. Avior Wealth Management LLC now owns 29,566 shares of the company’s stock valued at $701,000 after acquiring an additional 493 shares during the period. Accel Wealth Management lifted its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 4.6% in the 2nd quarter. Accel Wealth Management now owns 12,352 shares of the company’s stock valued at $305,000 after acquiring an additional 541 shares in the last quarter. Finally, IMG Wealth Management Inc. boosted its stake in FT Vest Rising Dividend Achievers Target Income ETF by 47.0% in the 1st quarter. IMG Wealth Management Inc. now owns 1,715 shares of the company’s stock worth $41,000 after purchasing an additional 548 shares during the period.

FT Vest Rising Dividend Achievers Target Income ETF Stock Performance

BATS RDVI opened at $26.00 on Friday. The firm’s 50 day moving average price is $25.39 and its two-hundred day moving average price is $24.34. FT Vest Rising Dividend Achievers Target Income ETF has a twelve month low of $20.43 and a twelve month high of $26.50. The stock has a market cap of $2.15 billion, a price-to-earnings 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.