FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) Shares Sold by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC lowered its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 6.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 67,458 shares of the company’s stock after selling 4,371 shares during the quarter. Foundations Investment Advisors LLC owned about 0.16% of FT Vest Rising Dividend Achievers Target Income ETF worth $1,662,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Echo Wealth Management LLC increased its position in FT Vest Rising Dividend Achievers Target Income ETF by 5.5% during the 3rd quarter. Echo Wealth Management LLC now owns 398,183 shares of the company’s stock worth $9,859,000 after purchasing an additional 20,595 shares in the last quarter. Cedrus LLC increased its position in FT Vest Rising Dividend Achievers Target Income ETF by 7.2% during the 3rd quarter. Cedrus LLC now owns 403,556 shares of the company’s stock worth $9,944,000 after purchasing an additional 27,085 shares in the last quarter. Commonwealth Equity Services LLC increased its position in FT Vest Rising Dividend Achievers Target Income ETF by 17.5% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,486,750 shares of the company’s stock worth $36,634,000 after purchasing an additional 221,583 shares in the last quarter. Raymond James & Associates increased its position in FT Vest Rising Dividend Achievers Target Income ETF by 255.9% during the 3rd quarter. Raymond James & Associates now owns 462,364 shares of the company’s stock worth $11,393,000 after purchasing an additional 332,445 shares in the last quarter. Finally, Blue Trust Inc. acquired a new stake in FT Vest Rising Dividend Achievers Target Income ETF during the 3rd quarter worth approximately $52,000.

FT Vest Rising Dividend Achievers Target Income ETF Stock Performance

RDVI opened at $24.53 on Thursday. The business’s 50-day simple moving average is $24.40 and its 200 day simple moving average is $23.90. The firm has a market cap of $1.02 billion, a P/E ratio of 9.92 and a beta of 0.79.

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.