Luken Investment Analytics LLC Sells 67,334 Shares of FT Vest Rising Dividend Achievers Target Income ETF $RDVI

Luken Investment Analytics LLC cut its holdings in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 18.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 293,324 shares of the company’s stock after selling 67,334 shares during the quarter. FT Vest Rising Dividend Achievers Target Income ETF makes up about 3.0% of Luken Investment Analytics LLC’s holdings, making the stock its 12th biggest holding. Luken Investment Analytics LLC owned 0.36% of FT Vest Rising Dividend Achievers Target Income ETF worth $8,624,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Archer Investment Corp boosted its stake in FT Vest Rising Dividend Achievers Target Income ETF by 47.8% during the first quarter. Archer Investment Corp now owns 1,191 shares of the company’s stock worth $30,000 after acquiring an additional 385 shares in the last quarter. Parallel Advisors LLC purchased a new stake in FT Vest Rising Dividend Achievers Target Income ETF in the third quarter worth about $38,000. US Bancorp DE bought a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF during the third quarter valued at approximately $57,000. IMG Wealth Management Inc. increased its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 21.2% during the first quarter. IMG Wealth Management Inc. now owns 2,312 shares of the company’s stock valued at $59,000 after purchasing an additional 404 shares in the last quarter. Finally, Topsail Wealth Management LLC purchased a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF during the fourth quarter valued at approximately $66,000.

FT Vest Rising Dividend Achievers Target Income ETF Stock Down 1.0%

Shares of RDVI opened at $28.74 on Wednesday. The business’s 50 day moving average price is $29.24 and its 200-day moving average price is $27.84. FT Vest Rising Dividend Achievers Target Income ETF has a 52 week low of $24.77 and a 52 week high of $30.08. The stock has a market cap of $2.37 billion, a P/E ratio of 16.57 and a beta of 1.03.

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.