Elevation Wealth Partners LLC Invests $50,000 in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

Elevation Wealth Partners LLC acquired a new position in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 2,053 shares of the company’s stock, valued at approximately $50,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Global Trust Asset Management LLC bought a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF during the 4th quarter worth $34,000. Larson Financial Group LLC grew its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 100.3% during the 3rd quarter. Larson Financial Group LLC now owns 1,783 shares of the company’s stock worth $44,000 after acquiring an additional 893 shares in the last quarter. Blue Trust Inc. purchased a new position in FT Vest Rising Dividend Achievers Target Income ETF during the 3rd quarter valued at about $52,000. Geneos Wealth Management Inc. bought a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF in the 4th quarter valued at about $52,000. Finally, Stratos Wealth Partners LTD. purchased a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF in the 4th quarter worth approximately $205,000.

FT Vest Rising Dividend Achievers Target Income ETF Trading Up 2.7 %

RDVI opened at $25.23 on Monday. The stock has a 50 day moving average of $25.03 and a two-hundred day moving average of $24.76. The company has a market cap of $1.04 billion, a price-to-earnings ratio of 9.92 and a beta of 0.79.

FT Vest Rising Dividend Achievers Target Income ETF Company 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.