FT Vest Rising Dividend Achievers Target Income ETF $RDVI Stock Purchased by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. lifted its holdings in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 41.0% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 136,948 shares of the company’s stock after purchasing an additional 39,845 shares during the period. Oppenheimer & Co. Inc. owned about 0.17% of FT Vest Rising Dividend Achievers Target Income ETF worth $3,818,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of RDVI. Royal Bank of Canada raised its stake in FT Vest Rising Dividend Achievers Target Income ETF by 13.6% in the first quarter. Royal Bank of Canada now owns 2,478,696 shares of the company’s stock worth $63,331,000 after buying an additional 296,590 shares in the last quarter. Cetera Investment Advisers boosted its position in FT Vest Rising Dividend Achievers Target Income ETF by 15.4% during 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 in the last quarter. Kestra Advisory Services LLC boosted its position in FT Vest Rising Dividend Achievers Target Income ETF by 24.7% during the 1st quarter. Kestra Advisory Services LLC now owns 1,259,725 shares of the company’s stock valued at $32,186,000 after acquiring an additional 249,373 shares in the last quarter. Baird Financial Group Inc. increased its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 6.5% in the 2nd quarter. Baird Financial Group Inc. now owns 1,253,958 shares of the company’s stock valued at $36,866,000 after acquiring an additional 76,194 shares during the period. Finally, Pinnacle Associates Ltd. increased its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 0.4% in the 3rd quarter. Pinnacle Associates Ltd. now owns 856,465 shares of the company’s stock valued at $23,878,000 after acquiring an additional 3,712 shares during the period.

FT Vest Rising Dividend Achievers Target Income ETF Price Performance

Shares of BATS RDVI opened at $28.25 on Friday. The stock has a market capitalization of $2.33 billion, a P/E ratio of 16.57 and a beta of 1.03. FT Vest Rising Dividend Achievers Target Income ETF has a 1-year low of $24.77 and a 1-year high of $30.08. The business has a fifty day moving average price of $28.48 and a 200 day moving average price of $27.87.

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. RDVI was launched on Oct 19, 2022 and is managed by First Trust.