Level Four Advisory Services LLC Increases Stake in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

Level Four Advisory Services LLC boosted its stake in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 20.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,989 shares of the company’s stock after buying an additional 1,900 shares during the period. Level Four Advisory Services LLC’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $266,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of RDVI. IMG Wealth Management Inc. bought a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF in the 4th quarter worth approximately $28,000. Global Trust Asset Management LLC purchased a new stake in FT Vest Rising Dividend Achievers Target Income ETF in the fourth quarter worth $34,000. Elevation Wealth Partners LLC bought a new position in FT Vest Rising Dividend Achievers Target Income ETF in the fourth quarter worth $50,000. Geneos Wealth Management Inc. purchased a new position in FT Vest Rising Dividend Achievers Target Income ETF during the fourth quarter valued at $52,000. Finally, Kestra Investment Management LLC purchased a new position in FT Vest Rising Dividend Achievers Target Income ETF during the fourth quarter valued at $61,000.

FT Vest Rising Dividend Achievers Target Income ETF Price Performance

BATS:RDVI opened at $23.78 on Wednesday. The firm’s 50-day moving average price is $24.66 and its 200-day moving average price is $24.89. The company has a market capitalization of $1.79 billion, a PE ratio of 14.88 and a beta of 1.08. FT Vest Rising Dividend Achievers Target Income ETF has a 1-year low of $22.30 and a 1-year high of $26.50.

FT Vest Rising Dividend Achievers Target Income ETF Increases Dividend

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

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.