Centerpoint Advisory Group Grows Position in FT Vest Rising Dividend Achievers Target Income ETF $RDVI

Centerpoint Advisory Group raised its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 94.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 94,263 shares of the company’s stock after purchasing an additional 45,678 shares during the quarter. FT Vest Rising Dividend Achievers Target Income ETF comprises 1.8% of Centerpoint Advisory Group’s holdings, making the stock its 18th biggest position. Centerpoint Advisory Group owned approximately 0.11% of FT Vest Rising Dividend Achievers Target Income ETF worth $2,408,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. LPL Financial LLC grew its stake in FT Vest Rising Dividend Achievers Target Income ETF by 8.2% during the 4th 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 last quarter. Arax Advisory Partners purchased a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF in the fourth quarter worth about $19,131,000. Osaic Holdings Inc. raised its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 41.4% in the fourth quarter. Osaic Holdings Inc. now owns 2,094,153 shares of the company’s stock worth $54,955,000 after purchasing an additional 613,273 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 16.0% during the third quarter. Raymond James Financial Inc. now owns 3,003,567 shares of the company’s stock worth $77,642,000 after purchasing an additional 414,227 shares during the period. Finally, Wells Fargo & Company MN lifted its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 11.1% during the fourth quarter. Wells Fargo & Company MN now owns 2,928,956 shares of the company’s stock worth $76,856,000 after purchasing an additional 291,563 shares during the period.

FT Vest Rising Dividend Achievers Target Income ETF Price Performance

Shares of BATS RDVI opened at $29.17 on Tuesday. The firm has a market cap of $2.41 billion, a P/E ratio of 16.57 and a beta of 1.03. 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 business’s 50 day moving average price is $27.99 and its 200 day moving average price is $27.17.

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.