Resolute Wealth Strategies LLC Has $1.82 Million Holdings in FT Vest Rising Dividend Achievers Target Income ETF $RDVI

Resolute Wealth Strategies LLC boosted its holdings in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 38.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 71,123 shares of the company’s stock after acquiring an additional 19,574 shares during the quarter. FT Vest Rising Dividend Achievers Target Income ETF accounts for approximately 0.8% of Resolute Wealth Strategies LLC’s investment portfolio, making the stock its 28th biggest holding. Resolute Wealth Strategies LLC’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $1,817,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in RDVI. Archer Investment Corp lifted its holdings 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 purchasing an additional 385 shares in the last quarter. Parallel Advisors LLC bought a new stake in FT Vest Rising Dividend Achievers Target Income ETF during the third quarter worth $38,000. US Bancorp DE bought a new stake in FT Vest Rising Dividend Achievers Target Income ETF during the third quarter worth $57,000. Topsail Wealth Management LLC purchased a new stake in FT Vest Rising Dividend Achievers Target Income ETF in the 4th quarter valued at $66,000. Finally, Allworth Financial LP raised its position 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 buying an additional 1,350 shares during the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Stock Performance

Shares of BATS:RDVI opened at $29.00 on Monday. The stock’s fifty day simple moving average is $28.26 and its two-hundred day simple moving average is $27.33. FT Vest Rising Dividend Achievers Target Income ETF has a 1-year low of $24.21 and a 1-year high of $29.47. The stock has a market cap of $2.40 billion, a PE ratio of 16.57 and a beta of 1.03.

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.