IFP Advisors Inc Buys 11,149 Shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

IFP Advisors Inc grew its stake in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 18.7% in the 4th quarter, Holdings Channel.com reports. The fund owned 70,880 shares of the company’s stock after purchasing an additional 11,149 shares during the quarter. IFP Advisors Inc’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $1,718,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Concurrent Investment Advisors LLC lifted its stake in FT Vest Rising Dividend Achievers Target Income ETF by 112.5% in the 4th quarter. Concurrent Investment Advisors LLC now owns 136,607 shares of the company’s stock valued at $3,311,000 after purchasing an additional 72,317 shares during the last quarter. Private Advisor Group LLC lifted its stake in FT Vest Rising Dividend Achievers Target Income ETF by 15.8% in the 4th quarter. Private Advisor Group LLC now owns 143,025 shares of the company’s stock valued at $3,467,000 after purchasing an additional 19,518 shares during the last quarter. Good Life Advisors LLC lifted its stake in FT Vest Rising Dividend Achievers Target Income ETF by 162.5% in the 4th quarter. Good Life Advisors LLC now owns 177,431 shares of the company’s stock valued at $4,301,000 after purchasing an additional 109,850 shares during the last quarter. Semus Wealth Partners LLC lifted its stake in FT Vest Rising Dividend Achievers Target Income ETF by 10.5% in the 4th quarter. Semus Wealth Partners LLC now owns 99,078 shares of the company’s stock valued at $2,402,000 after purchasing an additional 9,454 shares during the last quarter. Finally, Kestra Investment Management LLC acquired a new stake in FT Vest Rising Dividend Achievers Target Income ETF in the 4th quarter valued at about $61,000.

FT Vest Rising Dividend Achievers Target Income ETF Price Performance

Shares of BATS:RDVI opened at $24.80 on Wednesday. The firm has a 50-day moving average price of $24.96 and a 200-day moving average price of $24.89. The firm has a market cap of $1.77 billion, a P/E ratio of 14.38 and a beta of 1.08.

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.