HighTower Advisors LLC Has $6.74 Million Position in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

HighTower Advisors LLC lifted its stake in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 8.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 277,856 shares of the company’s stock after acquiring an additional 20,493 shares during the quarter. HighTower Advisors LLC owned approximately 0.67% of FT Vest Rising Dividend Achievers Target Income ETF worth $6,735,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Moors & Cabot Inc. raised its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 17.3% during the 4th quarter. Moors & Cabot Inc. now owns 17,459 shares of the company’s stock worth $423,000 after purchasing an additional 2,576 shares in the last quarter. Inspire Advisors LLC acquired a new position in FT Vest Rising Dividend Achievers Target Income ETF in the fourth quarter worth approximately $630,000. Independent Advisor Alliance bought a new position in FT Vest Rising Dividend Achievers Target Income ETF during the fourth quarter valued at approximately $9,772,000. SLT Holdings LLC bought a new stake in FT Vest Rising Dividend Achievers Target Income ETF in the fourth quarter worth approximately $1,129,000. Finally, Ashton Thomas Private Wealth LLC grew its position in FT Vest Rising Dividend Achievers Target Income ETF by 22.0% in the fourth quarter. Ashton Thomas Private Wealth LLC now owns 45,249 shares of the company’s stock worth $1,097,000 after acquiring an additional 8,146 shares in the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Trading Down 3.3 %

FT Vest Rising Dividend Achievers Target Income ETF stock opened at $23.76 on Wednesday. The company has a market capitalization of $1.75 billion, a P/E ratio of 14.79 and a beta of 1.08. FT Vest Rising Dividend Achievers Target Income ETF has a 1-year low of $22.30 and a 1-year high of $26.50. The firm’s fifty day simple moving average is $24.85 and its 200-day simple moving average is $24.88.

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.