Owen LaRue LLC Grows Stake in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

Owen LaRue LLC grew its holdings in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 37.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 93,785 shares of the company’s stock after acquiring an additional 25,591 shares during the quarter. FT Vest Rising Dividend Achievers Target Income ETF comprises 1.2% of Owen LaRue LLC’s investment portfolio, making the stock its 21st biggest holding. Owen LaRue LLC’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $2,273,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. IMG Wealth Management Inc. purchased a new stake in FT Vest Rising Dividend Achievers Target Income ETF in the 4th quarter valued at $28,000. Global Trust Asset Management LLC purchased a new stake in FT Vest Rising Dividend Achievers Target Income ETF in the 4th quarter valued at $34,000. Elevation Wealth Partners LLC purchased a new stake in FT Vest Rising Dividend Achievers Target Income ETF in the 4th quarter valued at $50,000. Geneos Wealth Management Inc. purchased a new stake in FT Vest Rising Dividend Achievers Target Income ETF in the 4th quarter valued at $52,000. Finally, Kestra Investment Management LLC purchased a new stake in FT Vest Rising Dividend Achievers Target Income ETF in the 4th quarter valued at $61,000.

FT Vest Rising Dividend Achievers Target Income ETF Price Performance

RDVI stock opened at $22.87 on Tuesday. The company has a fifty day moving average price of $23.32 and a 200 day moving average price of $24.55. FT Vest Rising Dividend Achievers Target Income ETF has a 12 month low of $20.43 and a 12 month high of $26.50. The company has a market cap of $1.75 billion, a price-to-earnings ratio of 13.95 and a beta of 1.04.

FT Vest Rising Dividend Achievers Target Income ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were given a $0.174 dividend. This is an increase from FT Vest Rising Dividend Achievers Target Income ETF’s previous dividend of $0.16. The ex-dividend date was Thursday, March 27th.

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.