Nations Financial Group Inc. IA ADV Buys 17,373 Shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

Nations Financial Group Inc. IA ADV lifted its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 9.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 200,074 shares of the company’s stock after purchasing an additional 17,373 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $4,850,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in RDVI. LPL Financial LLC grew its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 17.3% during the 3rd quarter. LPL Financial LLC now owns 5,318,951 shares of the company’s stock valued at $131,059,000 after buying an additional 786,394 shares in the last quarter. Commonwealth Equity Services LLC boosted its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 17.5% in the third quarter. Commonwealth Equity Services LLC now owns 1,486,750 shares of the company’s stock valued at $36,634,000 after acquiring an additional 221,583 shares during the period. Stifel Financial Corp grew its stake in FT Vest Rising Dividend Achievers Target Income ETF by 10.3% during the third quarter. Stifel Financial Corp now owns 1,309,275 shares of the company’s stock valued at $32,260,000 after acquiring an additional 122,266 shares in the last quarter. Park National Corp OH increased its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 4.5% during the 4th quarter. Park National Corp OH now owns 690,543 shares of the company’s stock worth $16,739,000 after acquiring an additional 29,882 shares during the period. Finally, Janney Montgomery Scott LLC lifted its stake in FT Vest Rising Dividend Achievers Target Income ETF by 27.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 531,073 shares of the company’s stock worth $12,873,000 after purchasing an additional 115,477 shares in the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Price Performance

RDVI opened at $25.45 on Friday. The stock has a market cap of $1.05 billion, a price-to-earnings ratio of 9.92 and a beta of 0.79. The firm’s 50 day moving average price is $24.96 and its two-hundred day moving average price is $24.79.

About FT Vest Rising Dividend Achievers Target Income ETF

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.