FT Vest Rising Dividend Achievers Target Income ETF $RDVI is Adamsbrown Wealth Consultants LLC’s 7th Largest Position

Adamsbrown Wealth Consultants LLC boosted its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 10.0% in the third quarter, according to its most recent filing with the SEC. The firm owned 595,337 shares of the company’s stock after acquiring an additional 54,333 shares during the period. FT Vest Rising Dividend Achievers Target Income ETF accounts for 4.2% of Adamsbrown Wealth Consultants LLC’s portfolio, making the stock its 7th largest position. Adamsbrown Wealth Consultants LLC owned 0.72% of FT Vest Rising Dividend Achievers Target Income ETF worth $15,389,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the stock. Allworth Financial LP bought a new stake in FT Vest Rising Dividend Achievers Target Income ETF during the second quarter worth $40,000. IMG Wealth Management Inc. raised its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 31.4% during the 2nd quarter. IMG Wealth Management Inc. now owns 2,253 shares of the company’s stock worth $56,000 after purchasing an additional 538 shares during the period. Hazlett Burt & Watson Inc. boosted its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 60.4% in the 2nd quarter. Hazlett Burt & Watson Inc. now owns 2,874 shares of the company’s stock worth $70,000 after buying an additional 1,082 shares during the last quarter. Geneos Wealth Management Inc. grew its position in FT Vest Rising Dividend Achievers Target Income ETF by 18.8% during the second quarter. Geneos Wealth Management Inc. now owns 3,044 shares of the company’s stock valued at $75,000 after buying an additional 482 shares during the period. Finally, Barrett & Company Inc. purchased a new stake in FT Vest Rising Dividend Achievers Target Income ETF during the second quarter worth about $120,000.

FT Vest Rising Dividend Achievers Target Income ETF Price Performance

Shares of FT Vest Rising Dividend Achievers Target Income ETF stock opened at $27.18 on Wednesday. The firm’s 50-day moving average is $26.48 and its 200 day moving average is $25.79. The stock has a market cap of $2.24 billion, a price-to-earnings ratio of 16.57 and a beta of 1.03. FT Vest Rising Dividend Achievers Target Income ETF has a 1 year low of $20.43 and a 1 year high of $26.50.

FT Vest Rising Dividend Achievers Target Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, January 30th. Shareholders of record on Wednesday, January 21st will be given a dividend of $0.1928 per share. This is an increase from FT Vest Rising Dividend Achievers Target Income ETF’s previous monthly dividend of $0.18. This represents a c) dividend on an annualized basis and a yield of 8.5%. The ex-dividend date is Wednesday, January 21st.

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.