Farther Finance Advisors LLC Has $1.78 Million Stake in FT Vest Rising Dividend Achievers Target Income ETF $RDVI

Farther Finance Advisors LLC lifted its stake in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 95.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 68,876 shares of the company’s stock after purchasing an additional 33,612 shares during the period. Farther Finance Advisors LLC owned 0.08% of FT Vest Rising Dividend Achievers Target Income ETF worth $1,780,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of RDVI. VestGen Advisors LLC raised its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 9.7% during the second quarter. VestGen Advisors LLC now owns 534,906 shares of the company’s stock worth $13,218,000 after acquiring an additional 47,316 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 14.3% in the second quarter. Janney Montgomery Scott LLC now owns 575,752 shares of the company’s stock valued at $14,227,000 after acquiring an additional 72,016 shares during the last quarter. Moloney Securities Asset Management LLC increased its position in FT Vest Rising Dividend Achievers Target Income ETF by 3.7% in the second quarter. Moloney Securities Asset Management LLC now owns 58,620 shares of the company’s stock worth $1,448,000 after purchasing an additional 2,066 shares during the period. Prostatis Group LLC raised its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 11.3% during the 2nd quarter. Prostatis Group LLC now owns 161,224 shares of the company’s stock worth $3,984,000 after purchasing an additional 16,325 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC lifted its position in FT Vest Rising Dividend Achievers Target Income ETF by 23.1% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 105,675 shares of the company’s stock valued at $2,611,000 after purchasing an additional 19,859 shares during the period.

FT Vest Rising Dividend Achievers Target Income ETF Price Performance

Shares of BATS:RDVI opened at $26.67 on Friday. FT Vest Rising Dividend Achievers Target Income ETF has a one year low of $20.43 and a one year high of $26.50. The company has a 50 day moving average of $25.90 and a 200-day moving average of $25.40. The stock has a market cap of $2.20 billion, a price-to-earnings ratio of 16.57 and a beta of 1.03.

FT Vest Rising Dividend Achievers Target Income ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, November 28th. Shareholders of record on Friday, November 21st were issued a dividend of $0.1785 per share. This represents a c) dividend on an annualized basis and a yield of 8.0%. The ex-dividend date of this dividend was Friday, November 21st.

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.