Balboa Wealth Partners Invests $1.18 Million in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

Balboa Wealth Partners bought a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 48,715 shares of the company’s stock, valued at approximately $1,181,000.

Other institutional investors have also made changes to their positions in the company. Global Trust Asset Management LLC acquired a new stake in FT Vest Rising Dividend Achievers Target Income ETF in the fourth quarter valued at $34,000. Larson Financial Group LLC raised its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 100.3% in the third quarter. Larson Financial Group LLC now owns 1,783 shares of the company’s stock valued at $44,000 after acquiring an additional 893 shares in the last quarter. Elevation Wealth Partners LLC acquired a new stake in FT Vest Rising Dividend Achievers Target Income ETF in the fourth quarter valued at $50,000. Geneos Wealth Management Inc. acquired a new stake in FT Vest Rising Dividend Achievers Target Income ETF in the fourth quarter valued at $52,000. Finally, Kestra Investment Management LLC acquired a new stake in FT Vest Rising Dividend Achievers Target Income ETF in the fourth quarter valued at $61,000.

FT Vest Rising Dividend Achievers Target Income ETF Stock Down 4.5 %

RDVI opened at $23.47 on Thursday. The firm has a market capitalization of $1.73 billion, a PE ratio of 14.79 and a beta of 1.08. The company has a 50-day moving average of $24.93 and a two-hundred day moving average of $24.91.

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.