Truist Financial Corp Cuts Stock Holdings in FT Vest Rising Dividend Achievers Target Income ETF $RDVI

Truist Financial Corp cut its stake in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 85.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 187,433 shares of the company’s stock after selling 1,146,057 shares during the period. Truist Financial Corp owned about 0.23% of FT Vest Rising Dividend Achievers Target Income ETF worth $4,631,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. LPL Financial LLC increased its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 15.3% during the 1st quarter. LPL Financial LLC now owns 6,889,305 shares of the company’s stock worth $163,414,000 after purchasing an additional 912,535 shares during the period. Raymond James Financial Inc. increased its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 34.7% during the first quarter. Raymond James Financial Inc. now owns 2,181,684 shares of the company’s stock worth $51,750,000 after buying an additional 561,929 shares during the period. Beaumont Financial Advisors LLC acquired a new stake in FT Vest Rising Dividend Achievers Target Income ETF in the second quarter valued at approximately $12,564,000. Atlas Private Wealth Advisors lifted its stake in FT Vest Rising Dividend Achievers Target Income ETF by 1,792.5% in the first quarter. Atlas Private Wealth Advisors now owns 532,154 shares of the company’s stock worth $12,623,000 after acquiring an additional 504,035 shares during the last quarter. Finally, Royal Bank of Canada lifted its stake in FT Vest Rising Dividend Achievers Target Income ETF by 41.1% in the first quarter. Royal Bank of Canada now owns 1,672,762 shares of the company’s stock worth $39,678,000 after acquiring an additional 487,625 shares during the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Trading Up 5.0%

Shares of BATS:RDVI opened at $25.80 on Wednesday. FT Vest Rising Dividend Achievers Target Income ETF has a 52 week low of $20.43 and a 52 week high of $26.50. The company’s 50 day moving average is $25.43 and its two-hundred day moving average is $24.37. The company has a market cap of $2.13 billion, a PE ratio of 16.57 and a beta of 1.03.

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.