Sandy Spring Bank Acquires 470 Shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

Sandy Spring Bank grew its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 0.8% in the fourth quarter, HoldingsChannel reports. The fund owned 56,003 shares of the company’s stock after purchasing an additional 470 shares during the quarter. Sandy Spring Bank’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $1,358,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. IMG Wealth Management Inc. bought a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF during the 4th quarter valued at $28,000. Global Trust Asset Management LLC bought a new position in FT Vest Rising Dividend Achievers Target Income ETF in the 4th quarter worth $34,000. Larson Financial Group LLC boosted its holdings 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 buying an additional 893 shares during the period. Elevation Wealth Partners LLC bought a new position in FT Vest Rising Dividend Achievers Target Income ETF in the 4th quarter worth $50,000. Finally, Geneos Wealth Management Inc. bought a new position in FT Vest Rising Dividend Achievers Target Income ETF in the 4th quarter worth $52,000.

FT Vest Rising Dividend Achievers Target Income ETF Stock Performance

Shares of FT Vest Rising Dividend Achievers Target Income ETF stock opened at $23.93 on Friday. The company has a market capitalization of $1.76 billion, a P/E ratio of 14.79 and a beta of 1.08. The company has a fifty day moving average of $24.83 and a 200 day moving average of $24.87. FT Vest Rising Dividend Achievers Target Income ETF has a fifty-two week low of $22.30 and a fifty-two week high of $26.50.

FT Vest Rising Dividend Achievers Target Income ETF Company 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.