Ergawealth Advisors Inc. Acquires 18,350 Shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

Ergawealth Advisors Inc. increased its position in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 9.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 222,040 shares of the company’s stock after buying an additional 18,350 shares during the period. FT Vest Rising Dividend Achievers Target Income ETF accounts for approximately 2.7% of Ergawealth Advisors Inc.’s investment portfolio, making the stock its 13th biggest holding. Ergawealth Advisors Inc. owned about 0.54% of FT Vest Rising Dividend Achievers Target Income ETF worth $5,471,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. LPL Financial LLC grew its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 16.1% in the 2nd quarter. LPL Financial LLC now owns 4,532,557 shares of the company’s stock valued at $105,971,000 after buying an additional 629,409 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 6.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,578,744 shares of the company’s stock valued at $36,911,000 after buying an additional 89,506 shares during the period. Commonwealth Equity Services LLC grew its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 17.5% in the 3rd quarter. Commonwealth Equity Services LLC now owns 1,486,750 shares of the company’s stock valued at $36,634,000 after buying an additional 221,583 shares during the period. Osaic Holdings Inc. grew its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 44.4% in the 1st quarter. Osaic Holdings Inc. now owns 1,406,462 shares of the company’s stock valued at $34,234,000 after buying an additional 432,454 shares during the period. Finally, Truist Financial Corp grew its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 7.0% in the 2nd quarter. Truist Financial Corp now owns 1,110,699 shares of the company’s stock valued at $25,968,000 after buying an additional 72,881 shares during the period.

FT Vest Rising Dividend Achievers Target Income ETF Stock Performance

Shares of RDVI opened at $24.62 on Friday. The company has a 50 day moving average price of $24.41 and a 200-day moving average price of $23.91. The firm has a market cap of $1.02 billion, a P/E 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.