Apollon Wealth Management LLC increased its stake in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI – Free Report) by 336.5% in the 1st quarter, Holdings Channel reports. The fund owned 161,468 shares of the company’s stock after buying an additional 124,477 shares during the quarter. Apollon Wealth Management LLC’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $4,126,000 at the end of the most recent reporting period.
A number of other institutional investors have also added to or reduced their stakes in RDVI. Stratos Wealth Partners LTD. lifted its position in FT Vest Rising Dividend Achievers Target Income ETF by 42.8% in the 4th quarter. Stratos Wealth Partners LTD. now owns 252,624 shares of the company’s stock worth $6,629,000 after buying an additional 75,674 shares during the last quarter. Savvy Advisors Inc. purchased a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF during the fourth quarter worth approximately $1,185,000. LPL Financial LLC raised its stake in shares of 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 worth $263,336,000 after acquiring an additional 762,029 shares in the last quarter. World Investment Advisors lifted its holdings in shares of 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 worth $2,143,000 after acquiring an additional 72,039 shares during the last quarter. Finally, StoneCrest Wealth Management Inc. bought a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF in the 4th quarter worth approximately $4,692,000.
FT Vest Rising Dividend Achievers Target Income ETF Stock Performance
Shares of FT Vest Rising Dividend Achievers Target Income ETF stock opened at $29.40 on Wednesday. FT Vest Rising Dividend Achievers Target Income ETF has a 52-week low of $24.21 and a 52-week high of $29.47. The stock has a market capitalization of $2.43 billion, a price-to-earnings ratio of 16.57 and a beta of 1.03. The company has a fifty day moving average of $27.86 and a 200-day moving average of $27.10.
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.
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