Argent Advisors Inc. Acquires 19,723 Shares of FT Vest Rising Dividend Achievers Target Income ETF $RDVI

Argent Advisors Inc. lifted its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 5.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 406,424 shares of the company’s stock after purchasing an additional 19,723 shares during the period. FT Vest Rising Dividend Achievers Target Income ETF accounts for about 3.1% of Argent Advisors Inc.’s portfolio, making the stock its 8th largest position. Argent Advisors Inc. owned 0.49% of FT Vest Rising Dividend Achievers Target Income ETF worth $10,506,000 as of its most recent SEC filing.

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

FT Vest Rising Dividend Achievers Target Income ETF Price Performance

RDVI stock opened at $27.46 on Friday. FT Vest Rising Dividend Achievers Target Income ETF has a fifty-two week low of $20.43 and a fifty-two week high of $26.50. The company has a 50 day moving average price of $26.58 and a 200 day moving average price of $25.81. The stock has a market capitalization of $2.27 billion, a PE ratio of 16.57 and a beta of 1.03.

FT Vest Rising Dividend Achievers Target Income ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, January 30th. Stockholders of record on Wednesday, January 21st will be given a dividend of $0.1928 per share. This represents a c) dividend on an annualized basis and a dividend yield of 8.4%. The ex-dividend date is Wednesday, January 21st. This is a positive change from FT Vest Rising Dividend Achievers Target Income ETF’s previous monthly dividend of $0.18.

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.