Ergawealth Advisors Inc. Sells 68,568 Shares of FT Vest Rising Dividend Achievers Target Income ETF $RDVI

Ergawealth Advisors Inc. reduced its stake in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 35.7% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 123,337 shares of the company’s stock after selling 68,568 shares during the quarter. FT Vest Rising Dividend Achievers Target Income ETF comprises approximately 1.5% of Ergawealth Advisors Inc.’s holdings, making the stock its 17th largest position. Ergawealth Advisors Inc. owned 0.15% of FT Vest Rising Dividend Achievers Target Income ETF worth $3,188,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Bison Wealth LLC boosted its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 20.6% in the fourth quarter. Bison Wealth LLC now owns 18,580 shares of the company’s stock worth $450,000 after acquiring an additional 3,180 shares in the last quarter. Calton & Associates Inc. raised its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 36.4% in the 1st quarter. Calton & Associates Inc. now owns 23,634 shares of the company’s stock worth $561,000 after purchasing an additional 6,310 shares during the last quarter. Royal Bank of Canada boosted its stake in FT Vest Rising Dividend Achievers Target Income ETF by 41.1% in the 1st quarter. Royal Bank of Canada now owns 1,672,762 shares of the company’s stock worth $39,678,000 after purchasing an additional 487,625 shares in the last quarter. Plotkin Financial Advisors LLC grew its position in FT Vest Rising Dividend Achievers Target Income ETF by 151.1% during the 1st quarter. Plotkin Financial Advisors LLC now owns 29,758 shares of the company’s stock valued at $706,000 after purchasing an additional 17,906 shares during the last quarter. Finally, Legacy Wealth Managment LLC ID increased its stake in FT Vest Rising Dividend Achievers Target Income ETF by 24.2% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 20,631 shares of the company’s stock valued at $489,000 after purchasing an additional 4,018 shares in the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Stock Performance

Shares of FT Vest Rising Dividend Achievers Target Income ETF stock opened at $26.54 on Tuesday. The company has a 50-day simple moving average of $25.92 and a two-hundred day simple moving average of $25.43. The stock has a market capitalization of $2.19 billion, a PE ratio of 16.57 and a beta of 1.03. FT Vest Rising Dividend Achievers Target Income ETF has a 52-week low of $20.43 and a 52-week high of $26.50.

FT Vest Rising Dividend Achievers Target Income ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, November 28th. Investors of record on Friday, November 21st were given a $0.1785 dividend. The ex-dividend date of this dividend was Friday, November 21st. This represents a c) annualized dividend and a yield of 8.1%.

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.