TFB Advisors LLC Makes New $265,000 Investment in FT Vest Rising Dividend Achievers Target Income ETF $RDVI

TFB Advisors LLC bought a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 10,732 shares of the company’s stock, valued at approximately $265,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. increased its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 360.9% during the first quarter. SBI Securities Co. Ltd. now owns 1,756 shares of the company’s stock worth $42,000 after buying an additional 1,375 shares in the last quarter. Hazlett Burt & Watson Inc. acquired a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF during the first quarter worth $43,000. Smallwood Wealth Investment Management LLC acquired a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF during the first quarter worth $47,000. IMG Wealth Management Inc. increased its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 31.4% during the second quarter. IMG Wealth Management Inc. now owns 2,253 shares of the company’s stock worth $56,000 after buying an additional 538 shares in the last quarter. Finally, Spire Wealth Management acquired a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF during the first quarter worth $63,000.

FT Vest Rising Dividend Achievers Target Income ETF Stock Performance

Shares of BATS:RDVI opened at $25.52 on Thursday. The company has a fifty day moving average of $25.57 and a 200-day moving average of $24.51. The company has a market capitalization of $2.11 billion, a PE ratio of 16.57 and a beta of 1.03. FT Vest Rising Dividend Achievers Target Income ETF has a 52-week low of $20.43 and a 52-week high of $26.50.

FT Vest Rising Dividend Achievers Target Income ETF Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, November 17th. Investors of record on Monday, November 3rd will be issued a $0.1785 dividend. This represents a c) dividend on an annualized basis and a yield of 8.4%. The ex-dividend date is Monday, November 3rd.

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.