Tyler Stone Wealth Management Boosts Stock Position in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

Tyler Stone Wealth Management increased its position in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 29.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,426 shares of the company’s stock after acquiring an additional 5,730 shares during the quarter. Tyler Stone Wealth Management owned about 0.06% of FT Vest Rising Dividend Achievers Target Income ETF worth $616,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in RDVI. Raymond James Financial Inc. purchased a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF in the fourth quarter worth $39,263,000. SRS Capital Advisors Inc. increased its stake in FT Vest Rising Dividend Achievers Target Income ETF by 15,567.2% in the 4th quarter. SRS Capital Advisors Inc. now owns 1,037,951 shares of the company’s stock worth $25,160,000 after buying an additional 1,031,326 shares in the last quarter. LPL Financial LLC raised its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 12.4% during the fourth quarter. LPL Financial LLC now owns 5,976,770 shares of the company’s stock valued at $144,877,000 after acquiring an additional 657,819 shares during the period. Independent Advisor Alliance bought a new stake in FT Vest Rising Dividend Achievers Target Income ETF during the fourth quarter valued at about $9,772,000. Finally, Argent Advisors Inc. purchased a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF in the fourth quarter valued at about $6,396,000.

FT Vest Rising Dividend Achievers Target Income ETF Trading Down 1.6 %

BATS:RDVI opened at $24.19 on Thursday. The stock has a 50-day moving average price of $24.79 and a 200 day moving average price of $24.88. The stock has a market capitalization of $1.78 billion, a P/E ratio of 14.79 and a beta of 1.08. FT Vest Rising Dividend Achievers Target Income ETF has a 12-month low of $22.30 and a 12-month high of $26.50.

FT Vest Rising Dividend Achievers Target Income ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be issued a dividend of $0.174 per share. This is a positive change from FT Vest Rising Dividend Achievers Target Income ETF’s previous dividend of $0.16. The ex-dividend date of this dividend is Thursday, March 27th.

FT Vest Rising Dividend Achievers Target Income ETF 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.