Kestra Investment Management LLC Makes New $61,000 Investment in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

Kestra Investment Management LLC acquired a new stake in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 2,522 shares of the company’s stock, valued at approximately $61,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Brookstone Capital Management purchased a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF in the 4th quarter valued at about $231,000. Ameritas Advisory Services LLC lifted its stake in FT Vest Rising Dividend Achievers Target Income ETF by 7.1% in the fourth quarter. Ameritas Advisory Services LLC now owns 54,182 shares of the company’s stock valued at $1,313,000 after buying an additional 3,587 shares during the last quarter. Larson Financial Group LLC grew its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 100.3% during the third quarter. Larson Financial Group LLC now owns 1,783 shares of the company’s stock worth $44,000 after acquiring an additional 893 shares during the last quarter. Greenleaf Trust purchased a new stake in FT Vest Rising Dividend Achievers Target Income ETF in the 4th quarter valued at $303,000. Finally, Private Advisor Group LLC grew its position in FT Vest Rising Dividend Achievers Target Income ETF by 39.1% during the 3rd quarter. Private Advisor Group LLC now owns 123,507 shares of the company’s stock worth $3,043,000 after purchasing an additional 34,714 shares during the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Stock Up 0.6 %

Shares of BATS:RDVI opened at $24.72 on Friday. The company has a 50 day simple moving average of $24.96 and a 200-day simple moving average of $24.84. The stock has a market capitalization of $1.76 billion, a PE ratio of 14.38 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.