Argent Advisors Inc. Purchases 19,723 Shares of FT Vest Rising Dividend Achievers Target Income ETF $RDVI

Argent Advisors Inc. lifted its position in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 5.1% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 406,424 shares of the company’s stock after purchasing an additional 19,723 shares during the quarter. FT Vest Rising Dividend Achievers Target Income ETF makes up about 3.1% of Argent Advisors Inc.’s portfolio, making the stock its 8th largest holding. Argent Advisors Inc.’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $10,506,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Chilton Capital Management LLC raised its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 1.8% in the 2nd quarter. Chilton Capital Management LLC now owns 27,862 shares of the company’s stock worth $688,000 after acquiring an additional 481 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in FT Vest Rising Dividend Achievers Target Income ETF by 18.8% during the second quarter. Geneos Wealth Management Inc. now owns 3,044 shares of the company’s stock worth $75,000 after purchasing an additional 482 shares during the period. IMG Wealth Management Inc. lifted its stake in FT Vest Rising Dividend Achievers Target Income ETF by 31.4% in the second quarter. IMG Wealth Management Inc. now owns 2,253 shares of the company’s stock valued at $56,000 after buying an additional 538 shares during the period. Accel Wealth Management boosted its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 4.6% during the 2nd quarter. Accel Wealth Management now owns 12,352 shares of the company’s stock worth $305,000 after buying an additional 541 shares in the last quarter. Finally, Faithward Advisors LLC boosted its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 3.3% during the 2nd quarter. Faithward Advisors LLC now owns 17,859 shares of the company’s stock worth $441,000 after buying an additional 576 shares in the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Stock Up 11.7%

BATS:RDVI opened at $27.46 on Friday. 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 company has a fifty day moving average of $26.58 and a 200-day moving average of $25.81. The firm has a market capitalization of $2.27 billion, a P/E ratio of 16.57 and a beta of 1.03.

FT Vest Rising Dividend Achievers Target Income ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, January 30th. Shareholders of record on Wednesday, January 21st will be paid a $0.1928 dividend. This represents a c) annualized dividend and a yield of 8.4%. This is an increase from FT Vest Rising Dividend Achievers Target Income ETF’s previous monthly dividend of $0.18. The ex-dividend date of this dividend is Wednesday, January 21st.

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