Kestra Advisory Services LLC Has $32.19 Million Stake in FT Vest Rising Dividend Achievers Target Income ETF $RDVI

Kestra Advisory Services LLC raised its stake in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 24.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,259,725 shares of the company’s stock after acquiring an additional 249,373 shares during the quarter. Kestra Advisory Services LLC’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $32,186,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in RDVI. Parallel Advisors LLC bought a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF during the 3rd quarter valued at approximately $38,000. US Bancorp DE acquired a new position in FT Vest Rising Dividend Achievers Target Income ETF during the 3rd quarter worth approximately $57,000. Topsail Wealth Management LLC bought a new position in FT Vest Rising Dividend Achievers Target Income ETF in the 4th quarter valued at approximately $66,000. Allworth Financial LP lifted its stake 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 purchasing an additional 1,350 shares during the last quarter. Finally, Geneos Wealth Management Inc. boosted its position in FT Vest Rising Dividend Achievers Target Income ETF by 18.8% in the second quarter. Geneos Wealth Management Inc. now owns 3,044 shares of the company’s stock valued at $75,000 after buying an additional 482 shares in the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Stock Up 0.4%

Shares of BATS RDVI traded up $0.13 during midday trading on Friday, reaching $29.07. 860,809 shares of the company were exchanged, compared to its average volume of 625,757. The stock’s 50-day moving average price is $28.10 and its 200-day moving average price is $27.24. The stock has a market cap of $2.40 billion, a P/E ratio of 16.57 and a beta of 1.03. FT Vest Rising Dividend Achievers Target Income ETF has a one year low of $24.21 and a one year high of $29.47.

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.