FT Vest Rising Dividend Achievers Target Income ETF $RDVI Shares Acquired by Cwm LLC

Cwm LLC grew its holdings in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 350.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 279,285 shares of the company’s stock after acquiring an additional 217,262 shares during the quarter. Cwm LLC owned about 0.34% of FT Vest Rising Dividend Achievers Target Income ETF worth $7,328,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. Parallel Advisors LLC acquired a new stake in FT Vest Rising Dividend Achievers Target Income ETF during the third quarter worth approximately $38,000. US Bancorp DE acquired a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF in the 3rd quarter valued at $57,000. Geneos Wealth Management Inc. grew its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 18.8% in the 2nd 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 last quarter. Larson Financial Group LLC raised 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 in the last quarter. Finally, Founders Financial Alliance LLC acquired a new stake in FT Vest Rising Dividend Achievers Target Income ETF during the 3rd quarter worth $116,000.

FT Vest Rising Dividend Achievers Target Income ETF Stock Performance

Shares of RDVI stock opened at $27.62 on Tuesday. The stock’s 50-day moving average is $26.51 and its two-hundred day moving average is $26.34. FT Vest Rising Dividend Achievers Target Income ETF has a 1 year low of $21.48 and a 1 year high of $27.74. The firm has a market cap of $2.28 billion, a price-to-earnings ratio of 16.57 and a beta of 1.03.

FT Vest Rising Dividend Achievers Target Income ETF 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.