Avidian Wealth Enterprises LLC Grows Holdings in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

Avidian Wealth Enterprises LLC raised its position in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 15.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 33,179 shares of the company’s stock after purchasing an additional 4,558 shares during the period. Avidian Wealth Enterprises LLC’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $818,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Ashton Thomas Private Wealth LLC purchased a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF during the second quarter worth about $41,000. Blue Trust Inc. purchased a new stake in FT Vest Rising Dividend Achievers Target Income ETF during the 3rd quarter valued at approximately $52,000. Sunbelt Securities Inc. purchased a new stake in FT Vest Rising Dividend Achievers Target Income ETF during the 2nd quarter valued at approximately $71,000. Triad Wealth Partners LLC bought a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF during the second quarter valued at approximately $145,000. Finally, Rothschild Investment LLC purchased a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF in the second quarter worth $157,000.

FT Vest Rising Dividend Achievers Target Income ETF Stock Up 6.0 %

RDVI opened at $26.24 on Thursday. The stock has a market capitalization of $1.09 billion, a PE ratio of 9.92 and a beta of 0.79. The company’s fifty day moving average is $24.52 and its two-hundred day moving average is $23.98.

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.