SteelPeak Wealth LLC Invests $354,000 in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

SteelPeak Wealth LLC purchased a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 14,450 shares of the company’s stock, valued at approximately $354,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in RDVI. Ergawealth Advisors Inc. boosted its stake in FT Vest Rising Dividend Achievers Target Income ETF by 1,416.1% during the 4th quarter. Ergawealth Advisors Inc. now owns 158,285 shares of the company’s stock valued at $3,653,000 after purchasing an additional 147,845 shares during the period. Comprehensive Financial Consultants Institutional Inc. boosted its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 14.4% in the fourth quarter. Comprehensive Financial Consultants Institutional Inc. now owns 15,952 shares of the company’s stock valued at $368,000 after acquiring an additional 2,012 shares during the period. Silver Oak Securities Incorporated boosted its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 72.1% in the 4th quarter. Silver Oak Securities Incorporated now owns 67,164 shares of the company’s stock valued at $1,550,000 after purchasing an additional 28,139 shares during the period. N.E.W. Advisory Services LLC acquired a new stake in FT Vest Rising Dividend Achievers Target Income ETF in the 4th quarter worth $872,000. Finally, G&S Capital LLC increased its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 1.9% during the 4th quarter. G&S Capital LLC now owns 98,240 shares of the company’s stock worth $2,267,000 after purchasing an additional 1,874 shares during the period.

FT Vest Rising Dividend Achievers Target Income ETF Trading Up 0.6 %

BATS RDVI opened at $23.38 on Monday. The company has a market capitalization of $967.93 million, a PE ratio of 9.92 and a beta of 0.79. The company has a fifty day moving average of $23.54 and a 200-day moving average of $23.33.

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.