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Envestnet Asset Management Inc. Boosts Stake in FT Vest Rising Dividend Achievers Target Income ETF $RDVI
Defense World· 2026-02-14 08:34
Core Insights - Envestnet Asset Management Inc. increased its stake in FT Vest Rising Dividend Achievers Target Income ETF by 50.5% in Q3, owning 923,088 shares valued at approximately $23.86 million [2] - Several institutional investors have also adjusted their positions in the ETF, with notable increases from IMG Wealth Management Inc. (31.4%), Geneos Wealth Management Inc. (18.8%), Barrett & Company Inc. (15.4%), and Hazlett Burt & Watson Inc. (99.2%) [3] - The ETF's stock performance shows a market capitalization of $2.23 billion, with a 52-week low of $20.43 and a high of $27.57, and a current price of $27.04 [4] Dividend Information - FT Vest Rising Dividend Achievers Target Income ETF recently announced a monthly dividend of $0.1928 per share, reflecting an annualized yield of 8.6%, an increase from the previous dividend of $0.18 [5][6] Fund Overview - The FT Vest Rising Dividend Achievers Target Income ETF, launched on October 19, 2022, aims to provide current income and capital appreciation through a portfolio of dividend-paying US equities, utilizing a naked call writing strategy on the S&P 500 Index [7]