FT Vest Rising Dividend Achievers Target Income ETF (RDVI) Price, Holdings, & News

ETF Overview

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. RDVI was launched on Oct 19, 2022 and is managed by First Trust.

Key Stats

• Today's Range: $24.57 to $24.85
• 50-Day Range: $24.07 to $25.49
• 52-Week Range: $20.43 to $26.50
• Volume: 423,639 shs
• Average Volume: 462,547 shs
• Market Capitalization: $2.10 billion
• Assets Under Management: $2.21 billion
• Dividend Yield: 8.32%
• Net Expense Ratio: 0.75%
• Aggregate Rating: Moderate Buy

RDVI ETF - Frequently Asked Questions

How have RDVI shares performed this year?

FT Vest Rising Dividend Achievers Target Income ETF's stock was trading at $24.24 at the beginning of the year. Since then, RDVI stock has increased by 5.1% and is now trading at $25.4680.

Who are FT Vest Rising Dividend Achievers Target Income ETF's major shareholders?

FT Vest Rising Dividend Achievers Target Income ETF's top institutional shareholders include Raymond James Financial Inc. (3.13%), Cetera Investment Advisers (1.84%), Atlas Private Wealth Advisors (1.09%) and Pinnacle Associates Ltd. (0.94%).

How do I buy shares of FT Vest Rising Dividend Achievers Target Income ETF?

Shares of RDVI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of FT Vest Rising Dividend Achievers Target Income ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that FT Vest Rising Dividend Achievers Target Income ETF investors own include First Trust Morningstar Dividend Leaders Index Fund (FDL), FT Vest Buffered Allocation Growth ETF (BUFG), DermTech (DMTK), FT Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG), Teladoc Health (TDOC), Consumer Discretionary Select Sector SPDR Fund (XLY) and Banco Latinoamericano de Comercio Exterior (BLX).

Fund Details

• Issuer: First Trust
• Fund Name: FT Vest Rising Dividend Achievers Target Income ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: BATS
• Current Symbol: BATS:RDVI
• Inception Date: 10/19/2022
• Fund Manager: Karan Sood, Howard Rubin
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Equity
• Benchmark: N/A
• Category: Strategy
• Focus: High Dividend Yield
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 78

Fund Statistics

• Assets Under Management: $2.21 billion
• Average Daily Volume: $0.00
• Discount/Premium: 0.01%

Administrator, Advisor and Custodian

• Administrator: The Bank of New York Mellon Corporation
• Advisor: First Trust Advisors L.P.
• Custodian: The Bank of New York Mellon Corporation
• Distributor: First Trust Portfolios L.P.
• Transfer Agent: The Bank of New York Mellon Corporation
• Trustee: N/A
• Lead Market Maker: Wolverine Trading

Options

• Optionable: Optionable
• Options Volume: 100
• Put Options: 2
• Call Options: 100

Miscellaneous

• Outstanding Shares: 82,600,000
• Beta: 1.03
• Creation Unit: 50,000