Private Advisor Group LLC Increases Position in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

Private Advisor Group LLC lifted its stake in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 15.8% in the 4th quarter, HoldingsChannel reports. The fund owned 143,025 shares of the company’s stock after purchasing an additional 19,518 shares during the quarter. Private Advisor Group LLC’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $3,467,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Global Trust Asset Management LLC acquired a new position in FT Vest Rising Dividend Achievers Target Income ETF during the 4th quarter valued at about $34,000. Larson Financial Group LLC grew its stake in shares of 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 acquiring an additional 893 shares during the last quarter. Elevation Wealth Partners LLC acquired a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF during the fourth quarter valued at about $50,000. Blue Trust Inc. purchased a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF in the 3rd quarter valued at approximately $52,000. Finally, Geneos Wealth Management Inc. acquired a new stake in FT Vest Rising Dividend Achievers Target Income ETF in the 4th quarter worth approximately $52,000.

FT Vest Rising Dividend Achievers Target Income ETF Stock Up 0.6 %

Shares of RDVI opened at $24.72 on Monday. The firm’s fifty day moving average is $24.96 and its two-hundred day moving average is $24.87. The stock has a market capitalization of $1.76 billion, a price-to-earnings ratio of 14.38 and a beta of 1.08.

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.