Prospera Financial Services Inc Reduces Stake in FT Vest Rising Dividend Achievers Target Income ETF $RDVI

Prospera Financial Services Inc reduced its stake in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 25.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 559,076 shares of the company’s stock after selling 194,011 shares during the period. Prospera Financial Services Inc’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $14,674,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in RDVI. Bison Wealth LLC grew its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 20.6% in the 4th quarter. Bison Wealth LLC now owns 18,580 shares of the company’s stock valued at $450,000 after buying an additional 3,180 shares in the last quarter. Goldman Sachs Group Inc. purchased a new stake in FT Vest Rising Dividend Achievers Target Income ETF in the 1st quarter valued at $2,354,000. Jane Street Group LLC grew its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 215.9% in the 1st quarter. Jane Street Group LLC now owns 110,807 shares of the company’s stock valued at $2,628,000 after buying an additional 75,734 shares in the last quarter. First Trust Advisors LP purchased a new stake in FT Vest Rising Dividend Achievers Target Income ETF in the 2nd quarter valued at $686,000. Finally, Cresset Asset Management LLC purchased a new stake in FT Vest Rising Dividend Achievers Target Income ETF in the 2nd quarter valued at $227,000.

FT Vest Rising Dividend Achievers Target Income ETF Trading Up 0.5%

BATS RDVI opened at $27.44 on Friday. The stock has a market cap of $2.27 billion, a PE ratio of 16.57 and a beta of 1.03. FT Vest Rising Dividend Achievers Target Income ETF has a twelve month low of $23.46 and a twelve month high of $27.80. The stock has a fifty day simple moving average of $26.70 and a 200-day simple moving average of $26.60.

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.