Envestnet Asset Management Inc. Buys 309,852 Shares of FT Vest Rising Dividend Achievers Target Income ETF $RDVI

Envestnet Asset Management Inc. increased its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 50.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 923,088 shares of the company’s stock after buying an additional 309,852 shares during the quarter. Envestnet Asset Management Inc.’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $23,862,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Ashton Thomas Private Wealth LLC raised its stake in FT Vest Rising Dividend Achievers Target Income ETF by 11.7% during the third quarter. Ashton Thomas Private Wealth LLC now owns 54,788 shares of the company’s stock worth $1,416,000 after acquiring an additional 5,760 shares in the last quarter. Atlantic Union Bankshares Corp grew its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 3.2% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 58,041 shares of the company’s stock worth $1,500,000 after purchasing an additional 1,818 shares during the last quarter. Hazlett Burt & Watson Inc. increased its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 99.2% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 5,724 shares of the company’s stock worth $148,000 after purchasing an additional 2,850 shares in the last quarter. Thrivent Financial for Lutherans increased its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 18.9% during the 3rd quarter. Thrivent Financial for Lutherans now owns 41,738 shares of the company’s stock worth $1,079,000 after purchasing an additional 6,629 shares in the last quarter. Finally, Centerpoint Advisory Group lifted its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 35.4% during the 3rd quarter. Centerpoint Advisory Group now owns 36,125 shares of the company’s stock valued at $934,000 after purchasing an additional 9,440 shares during the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Stock Up 0.7%

BATS:RDVI opened at $27.04 on Friday. The firm has a market cap of $2.23 billion, a PE ratio of 16.57 and a beta of 1.03. FT Vest Rising Dividend Achievers Target Income ETF has a 12 month low of $20.43 and a 12 month high of $27.57. The company’s 50-day moving average price is $26.88 and its two-hundred day moving average price is $25.99.

FT Vest Rising Dividend Achievers Target Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 30th. Stockholders of record on Wednesday, January 21st were issued a $0.1928 dividend. This represents a c) annualized dividend and a dividend yield of 8.6%. The ex-dividend date of this dividend was Wednesday, January 21st. This is an increase from FT Vest Rising Dividend Achievers Target Income ETF’s previous monthly dividend of $0.18.

FT Vest Rising Dividend Achievers Target Income ETF 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.