Wealth Enhancement Advisory Services LLC Acquires 20,149 Shares of FT Vest Rising Dividend Achievers Target Income ETF $RDVI

Wealth Enhancement Advisory Services LLC grew its holdings in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 3.3% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 639,304 shares of the company’s stock after acquiring an additional 20,149 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $17,440,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Raymond James Financial Inc. lifted its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 16.0% in the 3rd quarter. Raymond James Financial Inc. now owns 3,003,567 shares of the company’s stock valued at $77,642,000 after acquiring an additional 414,227 shares during the last quarter. Commonwealth Equity Services LLC grew its position in FT Vest Rising Dividend Achievers Target Income ETF by 6.2% in the third quarter. Commonwealth Equity Services LLC now owns 1,939,836 shares of the company’s stock worth $50,145,000 after acquiring an additional 113,066 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in FT Vest Rising Dividend Achievers Target Income ETF by 50.5% during the third quarter. Envestnet Asset Management Inc. now owns 923,088 shares of the company’s stock worth $23,862,000 after acquiring an additional 309,852 shares during the last quarter. Pinnacle Associates Ltd. increased its stake in FT Vest Rising Dividend Achievers Target Income ETF by 3.5% during the third quarter. Pinnacle Associates Ltd. now owns 799,660 shares of the company’s stock worth $20,671,000 after acquiring an additional 27,181 shares during the last quarter. Finally, Prospera Financial Services Inc raised its position in FT Vest Rising Dividend Achievers Target Income ETF by 10.2% during the third quarter. Prospera Financial Services Inc now owns 753,087 shares of the company’s stock valued at $19,474,000 after purchasing an additional 69,783 shares during the period.

FT Vest Rising Dividend Achievers Target Income ETF Price Performance

BATS:RDVI opened at $26.03 on Thursday. The firm has a market capitalization of $2.15 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 1 year low of $20.43 and a 1 year high of $27.57. The business has a 50 day simple moving average of $26.80 and a 200-day simple moving average of $26.26.

FT Vest Rising Dividend Achievers Target Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 20th were issued a dividend of $0.1918 per share. This represents a c) annualized dividend and a yield of 8.8%. The ex-dividend date was Friday, February 20th.

About FT Vest Rising Dividend Achievers Target Income ETF

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.