FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) Shares Bought by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. raised its position in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 11.7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 197,402 shares of the company’s stock after acquiring an additional 20,619 shares during the period. Avantax Advisory Services Inc. owned approximately 0.48% of FT Vest Rising Dividend Achievers Target Income ETF worth $4,785,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Global Trust Asset Management LLC acquired a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF in the fourth quarter valued at about $34,000. Larson Financial Group LLC lifted its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 100.3% in the third quarter. Larson Financial Group LLC now owns 1,783 shares of the company’s stock valued at $44,000 after purchasing an additional 893 shares during the period. Elevation Wealth Partners LLC acquired a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF in the fourth quarter valued at about $50,000. Geneos Wealth Management Inc. acquired a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF in the fourth quarter valued at about $52,000. Finally, Kestra Investment Management LLC acquired a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF in the fourth quarter valued at about $61,000.

FT Vest Rising Dividend Achievers Target Income ETF Price Performance

Shares of BATS RDVI opened at $23.72 on Friday. The company has a 50 day moving average of $24.89 and a 200-day moving average of $24.89. The firm has a market capitalization of $1.75 billion, a PE ratio of 14.79 and a beta of 1.08.

FT Vest Rising Dividend Achievers Target Income ETF 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.