Beacon Financial Group Acquires 20,326 Shares of FT Vest Rising Dividend Achievers Target Income ETF $RDVI

Beacon Financial Group increased its stake in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 29.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 89,849 shares of the company’s stock after acquiring an additional 20,326 shares during the period. Beacon Financial Group owned approximately 0.11% of FT Vest Rising Dividend Achievers Target Income ETF worth $2,296,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in RDVI. LPL Financial LLC raised its position in FT Vest Rising Dividend Achievers Target Income ETF by 8.2% during the fourth quarter. LPL Financial LLC now owns 10,035,654 shares of the company’s stock valued at $263,336,000 after purchasing an additional 762,029 shares during the period. Arax Advisory Partners purchased a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF in the 4th quarter worth approximately $19,131,000. Osaic Holdings Inc. increased its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 41.4% during the 4th quarter. Osaic Holdings Inc. now owns 2,094,153 shares of the company’s stock valued at $54,955,000 after purchasing an additional 613,273 shares during the last quarter. Raymond James Financial Inc. increased its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 16.0% during the 3rd quarter. Raymond James Financial Inc. now owns 3,003,567 shares of the company’s stock valued at $77,642,000 after purchasing an additional 414,227 shares during the last quarter. Finally, Wells Fargo & Company MN raised its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 11.1% during the 4th quarter. Wells Fargo & Company MN now owns 2,928,956 shares of the company’s stock valued at $76,856,000 after buying an additional 291,563 shares during the period.

FT Vest Rising Dividend Achievers Target Income ETF Stock Performance

BATS:RDVI opened at $28.94 on Friday. The firm has a market capitalization of $2.39 billion, a PE ratio of 16.57 and a beta of 1.03. The stock’s fifty day moving average is $28.07 and its 200 day moving average is $27.22. FT Vest Rising Dividend Achievers Target Income ETF has a fifty-two week low of $24.21 and a fifty-two week high of $29.47.

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.