NewEdge Advisors LLC Has $5.69 Million Position in FT Vest Rising Dividend Achievers Target Income ETF $RDVI

NewEdge Advisors LLC lifted its stake in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 17.0% during the first quarter, HoldingsChannel reports. The fund owned 222,736 shares of the company’s stock after purchasing an additional 32,399 shares during the quarter. NewEdge Advisors LLC’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $5,691,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of RDVI. Cozad Asset Management Inc. increased its position in FT Vest Rising Dividend Achievers Target Income ETF by 2.1% in the 1st quarter. Cozad Asset Management Inc. now owns 17,965 shares of the company’s stock worth $459,000 after purchasing an additional 369 shares during the last quarter. Archer Investment Corp grew its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 47.8% in the 1st quarter. Archer Investment Corp now owns 1,191 shares of the company’s stock valued at $30,000 after buying an additional 385 shares in the last quarter. Main Street Financial Solutions LLC grew its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 1.8% in the 4th quarter. Main Street Financial Solutions LLC now owns 21,432 shares of the company’s stock valued at $562,000 after buying an additional 386 shares in the last quarter. IMG Wealth Management Inc. increased its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 21.2% in the first quarter. IMG Wealth Management Inc. now owns 2,312 shares of the company’s stock worth $59,000 after buying an additional 404 shares during the last quarter. Finally, Insight Advisors LLC PA increased its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 1.0% in the first quarter. Insight Advisors LLC PA now owns 42,579 shares of the company’s stock worth $1,088,000 after buying an additional 435 shares during the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Stock Performance

Shares of RDVI opened at $29.77 on Tuesday. The firm has a market cap of $2.46 billion, a PE ratio of 16.57 and a beta of 1.03. The firm’s 50 day moving average price is $28.87 and its 200 day moving average price is $27.58. FT Vest Rising Dividend Achievers Target Income ETF has a twelve month low of $24.77 and a twelve month high of $30.03.

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