SRS Capital Advisors Inc. Raises Stake in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

SRS Capital Advisors Inc. raised its position in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 15,567.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,037,951 shares of the company’s stock after purchasing an additional 1,031,326 shares during the quarter. FT Vest Rising Dividend Achievers Target Income ETF accounts for about 1.6% of SRS Capital Advisors Inc.’s investment portfolio, making the stock its 17th largest position. SRS Capital Advisors Inc. owned approximately 2.51% of FT Vest Rising Dividend Achievers Target Income ETF worth $25,160,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Private Trust Co. NA lifted its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 2,126.2% during the fourth quarter. Private Trust Co. NA now owns 20,036 shares of the company’s stock valued at $486,000 after purchasing an additional 19,136 shares in the last quarter. Ergawealth Advisors Inc. lifted its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 0.4% in the fourth quarter. Ergawealth Advisors Inc. now owns 222,984 shares of the company’s stock worth $5,405,000 after buying an additional 944 shares in the last quarter. Oppenheimer & Co. Inc. lifted its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 123.3% in the fourth quarter. Oppenheimer & Co. Inc. now owns 33,167 shares of the company’s stock worth $804,000 after buying an additional 18,317 shares in the last quarter. IFP Advisors Inc lifted its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 18.7% in the fourth quarter. IFP Advisors Inc now owns 70,880 shares of the company’s stock worth $1,718,000 after buying an additional 11,149 shares in the last quarter. Finally, Concurrent Investment Advisors LLC lifted its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 112.5% in the fourth quarter. Concurrent Investment Advisors LLC now owns 136,607 shares of the company’s stock worth $3,311,000 after buying an additional 72,317 shares in the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Price Performance

RDVI stock opened at $24.81 on Friday. The stock has a 50 day moving average of $24.98 and a two-hundred day moving average of $24.90. The stock has a market capitalization of $1.77 billion, a P/E ratio of 14.38 and a beta of 1.08.

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.