Adamsbrown Wealth Consultants LLC Purchases 50,479 Shares of FT Vest Rising Dividend Achievers Target Income ETF $RDVI

Adamsbrown Wealth Consultants LLC grew its position in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 8.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 645,816 shares of the company’s stock after buying an additional 50,479 shares during the period. FT Vest Rising Dividend Achievers Target Income ETF makes up 4.7% of Adamsbrown Wealth Consultants LLC’s holdings, making the stock its 6th biggest position. Adamsbrown Wealth Consultants LLC owned 0.78% of FT Vest Rising Dividend Achievers Target Income ETF worth $16,946,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of RDVI. Parallel Advisors LLC acquired a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF during the 3rd quarter worth approximately $38,000. US Bancorp DE acquired a new stake in FT Vest Rising Dividend Achievers Target Income ETF during the third quarter worth approximately $57,000. Geneos Wealth Management Inc. increased its stake 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 worth $75,000 after acquiring an additional 482 shares during the period. Larson Financial Group LLC increased its stake in FT Vest Rising Dividend Achievers Target Income ETF by 89.5% during the 3rd quarter. Larson Financial Group LLC now owns 3,493 shares of the company’s stock worth $90,000 after acquiring an additional 1,650 shares during the period. Finally, Founders Financial Alliance LLC acquired a new position in FT Vest Rising Dividend Achievers Target Income ETF in the 3rd quarter valued at $116,000.

FT Vest Rising Dividend Achievers Target Income ETF Stock Performance

BATS:RDVI opened at $25.42 on Friday. The company has a market cap of $2.10 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 fifty-two week low of $20.43 and a fifty-two week high of $27.57. The stock has a fifty day moving average price of $26.76 and a 200-day moving average price of $26.25.

FT Vest Rising Dividend Achievers Target Income ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 20th were given a dividend of $0.1918 per share. The ex-dividend date was Friday, February 20th. This represents a c) annualized dividend and a dividend yield of 9.1%.

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.