Trueblood Wealth Management LLC Raises Position in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

Trueblood Wealth Management LLC boosted its stake in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 11.4% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 98,308 shares of the company’s stock after buying an additional 10,031 shares during the quarter. FT Vest Rising Dividend Achievers Target Income ETF comprises approximately 1.2% of Trueblood Wealth Management LLC’s portfolio, making the stock its 11th biggest holding. Trueblood Wealth Management LLC’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $2,383,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. NBC Securities Inc. lifted its stake in FT Vest Rising Dividend Achievers Target Income ETF by 40.8% in the 3rd quarter. NBC Securities Inc. now owns 9,215 shares of the company’s stock valued at $227,000 after buying an additional 2,669 shares in the last quarter. Sunbelt Securities Inc. purchased a new position in FT Vest Rising Dividend Achievers Target Income ETF in the 2nd quarter worth approximately $71,000. Larson Financial Group LLC lifted its stake in 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 worth $44,000 after purchasing an additional 893 shares in the last quarter. Truist Financial Corp lifted its stake in 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 worth $25,968,000 after purchasing an additional 72,881 shares in the last quarter. Finally, Private Advisor Group LLC lifted its stake in FT Vest Rising Dividend Achievers Target Income ETF by 39.1% in the 3rd quarter. Private Advisor Group LLC now owns 123,507 shares of the company’s stock worth $3,043,000 after purchasing an additional 34,714 shares in the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Price Performance

RDVI opened at $25.44 on Monday. The business has a fifty day simple moving average of $25.20 and a 200 day simple moving average of $24.61. The stock has a market cap of $1.05 billion, a price-to-earnings ratio of 9.92 and a beta of 0.79.

About FT Vest Rising Dividend Achievers Target Income ETF

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.