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

Farther Finance Advisors LLC reduced its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 78.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,859 shares of the company’s stock after selling 42,633 shares during the period. Farther Finance Advisors LLC’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $282,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in RDVI. IMG Wealth Management Inc. acquired a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF during the fourth quarter valued at about $28,000. Kestra Investment Management LLC acquired a new position in FT Vest Rising Dividend Achievers Target Income ETF during the 4th quarter valued at approximately $61,000. Comerica Bank increased its stake in FT Vest Rising Dividend Achievers Target Income ETF by 29.6% during the 4th quarter. Comerica Bank now owns 4,790 shares of the company’s stock valued at $116,000 after purchasing an additional 1,095 shares in the last quarter. IronOak Wealth LLC. acquired a new position in FT Vest Rising Dividend Achievers Target Income ETF during the 4th quarter valued at approximately $204,000. Finally, Daymark Wealth Partners LLC acquired a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF in the 1st quarter valued at $212,000.

FT Vest Rising Dividend Achievers Target Income ETF Price Performance

BATS RDVI opened at $24.08 on Wednesday. The stock’s fifty day moving average price is $23.49 and its 200 day moving average price is $24.20. The company has a market cap of $1.93 billion, a price-to-earnings ratio of 15.15 and a beta of 1.04. FT Vest Rising Dividend Achievers Target Income ETF has a 1 year low of $20.43 and a 1 year high of $26.50.

FT Vest Rising Dividend Achievers Target Income ETF Increases Dividend

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

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.