IMG Wealth Management Inc. Purchases New Stake in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

IMG Wealth Management Inc. purchased a new stake in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 1,167 shares of the company’s stock, valued at approximately $28,000.

Other hedge funds have also added to or reduced their stakes in the company. Brookstone Capital Management bought a new position in FT Vest Rising Dividend Achievers Target Income ETF in the fourth quarter valued at about $231,000. Ameritas Advisory Services LLC boosted its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 7.1% during the fourth quarter. Ameritas Advisory Services LLC now owns 54,182 shares of the company’s stock worth $1,313,000 after buying an additional 3,587 shares during the last quarter. D.A. Davidson & CO. boosted its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 6.8% during the fourth quarter. D.A. Davidson & CO. now owns 85,105 shares of the company’s stock worth $2,063,000 after buying an additional 5,405 shares during the last quarter. Larson Financial Group LLC boosted its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 100.3% during the third quarter. Larson Financial Group LLC now owns 1,783 shares of the company’s stock worth $44,000 after buying an additional 893 shares during the last quarter. Finally, Greenleaf Trust bought a new position in FT Vest Rising Dividend Achievers Target Income ETF during the fourth quarter worth about $303,000.

FT Vest Rising Dividend Achievers Target Income ETF Trading Down 3.0 %

Shares of RDVI opened at $23.84 on Tuesday. FT Vest Rising Dividend Achievers Target Income ETF has a 1 year low of $22.30 and a 1 year high of $26.50. The stock has a market cap of $1.75 billion, a P/E ratio of 14.79 and a beta of 1.08. The stock’s 50-day moving average price is $24.87 and its two-hundred day moving average price is $24.89.

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.