Avidian Wealth Solutions LLC Increases Stake in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

Avidian Wealth Solutions LLC grew its position in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 10.3% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 74,166 shares of the company’s stock after buying an additional 6,950 shares during the period. Avidian Wealth Solutions LLC owned approximately 0.51% of FT Vest Rising Dividend Achievers Target Income ETF worth $1,712,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in RDVI. Delta Investment Management LLC boosted its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 1.5% during the fourth quarter. Delta Investment Management LLC now owns 47,985 shares of the company’s stock valued at $1,107,000 after buying an additional 714 shares during the last quarter. Herold Advisors Inc. grew its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 1.7% in the fourth quarter. Herold Advisors Inc. now owns 53,069 shares of the company’s stock worth $1,225,000 after acquiring an additional 876 shares during the period. J.W. Cole Advisors Inc. raised its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 5.8% during the fourth quarter. J.W. Cole Advisors Inc. now owns 28,057 shares of the company’s stock valued at $648,000 after purchasing an additional 1,540 shares during the last quarter. G&S Capital LLC lifted its position in FT Vest Rising Dividend Achievers Target Income ETF by 1.9% during the fourth quarter. G&S Capital LLC now owns 98,240 shares of the company’s stock valued at $2,267,000 after purchasing an additional 1,874 shares during the period. Finally, Comprehensive Financial Consultants Institutional Inc. boosted its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 14.4% in the fourth quarter. Comprehensive Financial Consultants Institutional Inc. now owns 15,952 shares of the company’s stock worth $368,000 after purchasing an additional 2,012 shares during the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Stock Performance

BATS:RDVI traded up $0.19 during trading hours on Friday, reaching $23.49. The company had a trading volume of 188,916 shares. The company’s 50 day simple moving average is $23.69 and its 200 day simple moving average is $22.62. The stock has a market cap of $931.38 million, a price-to-earnings ratio of 9.70 and a beta of 0.84.

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.