RFG Advisory LLC Grows Stock Position in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

RFG Advisory LLC boosted its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 1.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 74,282 shares of the company’s stock after buying an additional 1,074 shares during the quarter. RFG Advisory LLC’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $1,801,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in RDVI. Secure Asset Management LLC grew its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 4.4% during the 4th quarter. Secure Asset Management LLC now owns 48,775 shares of the company’s stock valued at $1,182,000 after acquiring an additional 2,039 shares during the period. Avior Wealth Management LLC grew its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 5.7% during the fourth quarter. Avior Wealth Management LLC now owns 29,073 shares of the company’s stock valued at $705,000 after purchasing an additional 1,567 shares during the period. Independent Wealth Network Inc. increased its position in FT Vest Rising Dividend Achievers Target Income ETF by 26.0% in the fourth quarter. Independent Wealth Network Inc. now owns 13,340 shares of the company’s stock worth $323,000 after buying an additional 2,752 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in FT Vest Rising Dividend Achievers Target Income ETF by 27.8% during the 4th quarter. Janney Montgomery Scott LLC now owns 531,073 shares of the company’s stock worth $12,873,000 after acquiring an additional 115,477 shares during the period. Finally, Global Trust Asset Management LLC purchased a new position in FT Vest Rising Dividend Achievers Target Income ETF during the fourth quarter valued at approximately $34,000.

FT Vest Rising Dividend Achievers Target Income ETF Trading Up 3.1 %

Shares of BATS RDVI opened at $25.34 on Friday. The stock has a market capitalization of $1.05 billion, a PE ratio of 9.92 and a beta of 0.79. The stock has a 50-day moving average price of $25.16 and a two-hundred day moving average price of $24.67.

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.