Ameritas Advisory Services LLC Sells 35,497 Shares of FT Vest Rising Dividend Achievers Target Income ETF $RDVI

Ameritas Advisory Services LLC lessened its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 63.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 20,868 shares of the company’s stock after selling 35,497 shares during the period. Ameritas Advisory Services LLC’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $539,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Allworth Financial LP purchased a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF during the second quarter valued at approximately $40,000. IMG Wealth Management Inc. boosted its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 31.4% in the second quarter. IMG Wealth Management Inc. now owns 2,253 shares of the company’s stock valued at $56,000 after acquiring an additional 538 shares in the last quarter. Geneos Wealth Management Inc. increased its position in FT Vest Rising Dividend Achievers Target Income ETF by 18.8% during the 2nd quarter. Geneos Wealth Management Inc. now owns 3,044 shares of the company’s stock valued at $75,000 after purchasing an additional 482 shares during the period. Barrett & Company Inc. raised its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 15.4% in the 3rd quarter. Barrett & Company Inc. now owns 5,625 shares of the company’s stock worth $145,000 after purchasing an additional 750 shares in the last quarter. Finally, Hazlett Burt & Watson Inc. raised its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 99.2% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 5,724 shares of the company’s stock worth $148,000 after purchasing an additional 2,850 shares in the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Trading Up 0.7%

Shares of RDVI opened at $27.04 on Monday. FT Vest Rising Dividend Achievers Target Income ETF has a 1-year low of $20.43 and a 1-year high of $27.57. The firm’s 50-day moving average price is $26.88 and its 200-day moving average price is $26.01. The firm has a market capitalization of $2.23 billion, a price-to-earnings ratio of 16.57 and a beta of 1.03.

FT Vest Rising Dividend Achievers Target Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, January 30th. Investors of record on Wednesday, January 21st were given a dividend of $0.1928 per share. This is a boost from FT Vest Rising Dividend Achievers Target Income ETF’s previous monthly dividend of $0.18. This represents a c) annualized dividend and a dividend yield of 8.6%. The ex-dividend date was Wednesday, January 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.