Stephens Inc. AR Reduces Holdings in FT Vest Rising Dividend Achievers Target Income ETF $RDVI

Stephens Inc. AR reduced its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 52.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,082 shares of the company’s stock after selling 55,210 shares during the quarter. Stephens Inc. AR owned about 0.06% of FT Vest Rising Dividend Achievers Target Income ETF worth $1,280,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Stratos Wealth Partners LTD. boosted its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 42.8% in the fourth quarter. Stratos Wealth Partners LTD. now owns 252,624 shares of the company’s stock valued at $6,629,000 after acquiring an additional 75,674 shares during the period. Savvy Advisors Inc. acquired a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF in the 4th quarter valued at $1,185,000. LPL Financial LLC increased its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 8.2% in the 4th quarter. LPL Financial LLC now owns 10,035,654 shares of the company’s stock valued at $263,336,000 after acquiring an additional 762,029 shares during the period. Apollon Wealth Management LLC raised its position in FT Vest Rising Dividend Achievers Target Income ETF by 114.3% in the 4th quarter. Apollon Wealth Management LLC now owns 36,991 shares of the company’s stock valued at $971,000 after purchasing an additional 19,731 shares during the last quarter. Finally, World Investment Advisors raised its position in FT Vest Rising Dividend Achievers Target Income ETF by 749.4% in the 4th quarter. World Investment Advisors now owns 81,652 shares of the company’s stock valued at $2,143,000 after purchasing an additional 72,039 shares during the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Price Performance

Shares of BATS:RDVI opened at $29.07 on Friday. The stock has a market cap of $2.40 billion, a P/E ratio of 16.57 and a beta of 1.03. The firm has a fifty day moving average price of $28.10 and a 200 day moving average price of $27.24. FT Vest Rising Dividend Achievers Target Income ETF has a 1-year low of $24.21 and a 1-year 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.