PFG Investments LLC Takes $345,000 Position in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

PFG Investments LLC bought a new position in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 14,000 shares of the company’s stock, valued at approximately $345,000.

Other hedge funds also recently bought and sold shares of the company. Moloney Securities Asset Management LLC boosted its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 5.9% in the 1st quarter. Moloney Securities Asset Management LLC now owns 27,398 shares of the company’s stock worth $671,000 after buying an additional 1,521 shares during the period. Envestnet Portfolio Solutions Inc. bought a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF during the 2nd quarter valued at about $257,000. International Assets Investment Management LLC bought a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF during the 2nd quarter valued at about $253,000. Raymond James & Associates boosted its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 260.9% during the 2nd quarter. Raymond James & Associates now owns 129,919 shares of the company’s stock valued at $3,038,000 after purchasing an additional 93,916 shares during the last quarter. Finally, StoneX Group Inc. boosted its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 38.7% during the 1st quarter. StoneX Group Inc. now owns 16,435 shares of the company’s stock valued at $402,000 after purchasing an additional 4,588 shares during the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Price Performance

RDVI opened at $24.71 on Wednesday. The firm’s 50 day moving average is $24.43 and its 200-day moving average is $23.91. The company has a market cap of $1.02 billion, a P/E ratio of 9.92 and a beta of 0.79.

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.