Silver Oak Securities Incorporated Buys 30,945 Shares of FT Vest Rising Dividend Achievers Target Income ETF $RDVI

Silver Oak Securities Incorporated increased its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 7.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 430,969 shares of the company’s stock after acquiring an additional 30,945 shares during the quarter. FT Vest Rising Dividend Achievers Target Income ETF comprises about 0.8% of Silver Oak Securities Incorporated’s investment portfolio, making the stock its 25th largest holding. Silver Oak Securities Incorporated’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $11,412,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Envestnet Asset Management Inc. increased its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 50.5% in the third quarter. Envestnet Asset Management Inc. now owns 923,088 shares of the company’s stock worth $23,862,000 after purchasing an additional 309,852 shares during the period. Argent Advisors Inc. raised its stake in FT Vest Rising Dividend Achievers Target Income ETF by 5.1% in the third quarter. Argent Advisors Inc. now owns 406,424 shares of the company’s stock valued at $10,506,000 after purchasing an additional 19,723 shares in the last quarter. Merit Financial Group LLC bought a new stake in FT Vest Rising Dividend Achievers Target Income ETF during the third quarter worth about $16,699,000. Delta Investment Management LLC grew its stake in FT Vest Rising Dividend Achievers Target Income ETF by 33.6% during the third quarter. Delta Investment Management LLC now owns 106,547 shares of the company’s stock worth $2,754,000 after buying an additional 26,770 shares in the last quarter. Finally, Adamsbrown Wealth Consultants LLC grew its stake in FT Vest Rising Dividend Achievers Target Income ETF by 10.0% during the third quarter. Adamsbrown Wealth Consultants LLC now owns 595,337 shares of the company’s stock worth $15,389,000 after buying an additional 54,333 shares in the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Stock Performance

Shares of BATS:RDVI opened at $24.88 on Tuesday. FT Vest Rising Dividend Achievers Target Income ETF has a 52-week low of $20.43 and a 52-week high of $27.57. The company has a market capitalization of $2.06 billion, a PE ratio of 16.57 and a beta of 1.03. The company has a fifty day moving average of $26.66 and a 200-day moving average of $26.25.

FT Vest Rising Dividend Achievers Target Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 20th were paid a dividend of $0.1918 per share. The ex-dividend date of this dividend was Friday, February 20th. This represents a c) annualized dividend and a dividend yield of 9.3%.

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.