HBW Advisory Services LLC Trims Stake in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

HBW Advisory Services LLC lessened its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 12.7% during the third quarter, Holdings Channel.com reports. The institutional investor owned 12,452 shares of the company’s stock after selling 1,813 shares during the period. HBW Advisory Services LLC’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $307,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Park National Corp OH boosted its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 9.7% during the 3rd quarter. Park National Corp OH now owns 660,661 shares of the company’s stock worth $16,279,000 after purchasing an additional 58,245 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF in the second quarter valued at approximately $1,318,000. Cetera Investment Advisers lifted its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 13.9% during the second quarter. Cetera Investment Advisers now owns 893,406 shares of the company’s stock valued at $20,888,000 after buying an additional 108,991 shares during the period. Truist Financial Corp boosted its position in FT Vest Rising Dividend Achievers Target Income ETF by 7.0% during the second quarter. Truist Financial Corp now owns 1,110,699 shares of the company’s stock worth $25,968,000 after acquiring an additional 72,881 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. grew its stake in FT Vest Rising Dividend Achievers Target Income ETF by 65.2% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 87,448 shares of the company’s stock worth $2,045,000 after acquiring an additional 34,508 shares during the period.

FT Vest Rising Dividend Achievers Target Income ETF Price Performance

Shares of RDVI opened at $24.83 on Friday. The firm has a market cap of $1.03 billion, a P/E ratio of 9.92 and a beta of 0.79. The company has a fifty day simple moving average of $24.06 and a two-hundred day simple moving average of $23.84.

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.