Independent Wealth Network Inc. Boosts Stake in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

Independent Wealth Network Inc. lifted its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 26.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 13,340 shares of the company’s stock after acquiring an additional 2,752 shares during the quarter. Independent Wealth Network Inc.’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $323,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Global Trust Asset Management LLC bought a new stake in FT Vest Rising Dividend Achievers Target Income ETF during the fourth quarter valued at $34,000. Larson Financial Group LLC boosted its stake in FT Vest Rising Dividend Achievers Target Income ETF by 100.3% in the third quarter. Larson Financial Group LLC now owns 1,783 shares of the company’s stock valued at $44,000 after acquiring an additional 893 shares during the period. Blue Trust Inc. bought a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF during the third quarter valued at approximately $52,000. Sunbelt Securities Inc. bought a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF in the 2nd quarter worth approximately $71,000. Finally, Darwin Wealth Management LLC bought a new position in FT Vest Rising Dividend Achievers Target Income ETF during the 3rd quarter worth $222,000.

FT Vest Rising Dividend Achievers Target Income ETF Stock Up 3.6 %

Shares of FT Vest Rising Dividend Achievers Target Income ETF stock opened at $25.46 on Thursday. The firm’s fifty day simple moving average is $25.17 and its two-hundred day simple moving average is $24.64. The company has a market cap of $1.05 billion, a P/E ratio of 9.92 and a beta of 0.79.

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.