Truvestments Capital LLC Makes New Investment in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

Truvestments Capital LLC acquired a new stake in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 99,259 shares of the company’s stock, valued at approximately $2,446,000. Truvestments Capital LLC owned approximately 0.24% of FT Vest Rising Dividend Achievers Target Income ETF at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the stock. Ashton Thomas Private Wealth LLC acquired a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF in the second quarter valued at approximately $41,000. Larson Financial Group LLC increased its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 100.3% in the 3rd quarter. Larson Financial Group LLC now owns 1,783 shares of the company’s stock valued at $44,000 after buying an additional 893 shares during the period. Blue Trust Inc. bought a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF during the third quarter worth $52,000. Sunbelt Securities Inc. bought a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF during the second quarter worth $71,000. Finally, Triad Wealth Partners LLC acquired a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF during the second quarter valued at $145,000.

FT Vest Rising Dividend Achievers Target Income ETF Stock Performance

Shares of RDVI stock opened at $26.12 on Monday. The firm has a market capitalization of $1.08 billion, a price-to-earnings ratio of 9.92 and a beta of 0.79. The stock has a 50 day moving average price of $24.98 and a 200-day moving average price of $24.18.

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.