D.A. Davidson & CO. Has $3.97 Million Holdings in FT Vest Rising Dividend Achievers Target Income ETF $RDVI

D.A. Davidson & CO. lifted its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 46.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 155,502 shares of the company’s stock after purchasing an additional 49,098 shares during the quarter. D.A. Davidson & CO. owned 0.19% of FT Vest Rising Dividend Achievers Target Income ETF worth $3,973,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in RDVI. Archer Investment Corp boosted its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 47.8% in the first quarter. Archer Investment Corp now owns 1,191 shares of the company’s stock valued at $30,000 after buying an additional 385 shares during the period. 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 bought a new position in FT Vest Rising Dividend Achievers Target Income ETF during the 3rd quarter worth $57,000. Topsail Wealth Management LLC bought a new position in FT Vest Rising Dividend Achievers Target Income ETF during the 4th quarter worth $66,000. Finally, Allworth Financial LP raised its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 113.2% in the 4th quarter. Allworth Financial LP now owns 2,543 shares of the company’s stock valued at $67,000 after acquiring an additional 1,350 shares in the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Stock Performance

BATS:RDVI opened at $29.00 on Monday. The stock has a fifty day moving average price of $28.26 and a 200-day moving average price of $27.33. The company has a market cap of $2.40 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 $24.21 and a fifty-two week high of $29.47.

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.