Foundations Investment Advisors LLC Sells 4,371 Shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

Foundations Investment Advisors LLC reduced its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 6.1% in the third quarter, HoldingsChannel.com reports. The firm owned 67,458 shares of the company’s stock after selling 4,371 shares during the period. Foundations Investment Advisors LLC’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $1,662,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Moloney Securities Asset Management LLC grew its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 5.9% in the first quarter. Moloney Securities Asset Management LLC now owns 27,398 shares of the company’s stock valued at $671,000 after acquiring an additional 1,521 shares in the last quarter. Envestnet Portfolio Solutions Inc. bought a new position in FT Vest Rising Dividend Achievers Target Income ETF during the second quarter valued at $257,000. International Assets Investment Management LLC bought a new position in FT Vest Rising Dividend Achievers Target Income ETF during the second quarter valued at $253,000. Raymond James & Associates grew its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 260.9% during the second 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 period. Finally, StoneX Group Inc. grew its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 38.7% during the first 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 period.

FT Vest Rising Dividend Achievers Target Income ETF Trading Down 0.6 %

BATS:RDVI opened at $24.53 on Thursday. The stock has a market capitalization of $1.02 billion, a P/E ratio of 9.92 and a beta of 0.79. The stock’s 50-day moving average is $24.40 and its two-hundred day moving average is $23.90.

FT Vest Rising Dividend Achievers Target Income ETF Company 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.