IMG Wealth Management Inc. Invests $28,000 in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

IMG Wealth Management Inc. purchased a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) in the fourth quarter, Holdings Channel.com reports. The fund purchased 1,167 shares of the company’s stock, valued at approximately $28,000.

A number of other institutional investors also recently modified their holdings of the business. LPL Financial LLC raised its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 17.3% during the 3rd quarter. LPL Financial LLC now owns 5,318,951 shares of the company’s stock worth $131,059,000 after buying an additional 786,394 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 10.3% during the 4th quarter. Commonwealth Equity Services LLC now owns 1,640,322 shares of the company’s stock worth $39,761,000 after buying an additional 153,572 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF during the 4th quarter worth $39,263,000. Truist Financial Corp increased its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 7.4% in the 4th quarter. Truist Financial Corp now owns 1,379,054 shares of the company’s stock worth $33,428,000 after purchasing an additional 95,361 shares in the last quarter. Finally, Stifel Financial Corp increased its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 10.3% in the 3rd quarter. Stifel Financial Corp now owns 1,309,275 shares of the company’s stock worth $32,260,000 after purchasing an additional 122,266 shares in the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Stock Down 3.0 %

Shares of RDVI opened at $23.84 on Tuesday. FT Vest Rising Dividend Achievers Target Income ETF has a 12-month low of $22.30 and a 12-month high of $26.50. The business has a 50-day simple moving average of $24.87 and a two-hundred day simple moving average of $24.89. The stock has a market cap of $1.75 billion, a PE ratio of 14.79 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.