Legacy Investment Solutions LLC Increases Holdings in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

Legacy Investment Solutions LLC lifted its holdings in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 88.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,613 shares of the company’s stock after acquiring an additional 7,811 shares during the period. Legacy Investment Solutions LLC’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $419,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Sandy Spring Bank boosted its stake in FT Vest Rising Dividend Achievers Target Income ETF by 0.8% in the 4th quarter. Sandy Spring Bank now owns 56,003 shares of the company’s stock worth $1,358,000 after purchasing an additional 470 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 0.7% in the fourth quarter. JPMorgan Chase & Co. now owns 74,108 shares of the company’s stock worth $1,796,000 after buying an additional 544 shares in the last quarter. Beacon Financial Group boosted its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 1.4% during the fourth quarter. Beacon Financial Group now owns 48,450 shares of the company’s stock worth $1,174,000 after acquiring an additional 666 shares during the last quarter. Smith Moore & CO. grew its stake in FT Vest Rising Dividend Achievers Target Income ETF by 6.0% during the fourth quarter. Smith Moore & CO. now owns 14,079 shares of the company’s stock valued at $341,000 after acquiring an additional 797 shares in the last quarter. Finally, Ergawealth Advisors Inc. grew its stake in FT Vest Rising Dividend Achievers Target Income ETF by 0.4% during the fourth quarter. Ergawealth Advisors Inc. now owns 222,984 shares of the company’s stock valued at $5,405,000 after acquiring an additional 944 shares in the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Stock Down 9.3 %

Shares of RDVI stock opened at $22.28 on Friday. The company’s fifty day simple moving average is $23.98 and its two-hundred day simple moving average is $24.71. FT Vest Rising Dividend Achievers Target Income ETF has a 52 week low of $20.43 and a 52 week high of $26.50. The stock has a market cap of $1.68 billion, a P/E ratio of 14.88 and a beta of 1.08.

FT Vest Rising Dividend Achievers Target Income ETF Increases Dividend

The company also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were given a $0.174 dividend. This is an increase from FT Vest Rising Dividend Achievers Target Income ETF’s previous dividend of $0.16. The ex-dividend date of this dividend was Thursday, March 27th.

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.