Delta Investment Management LLC Raises Holdings in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

Delta Investment Management LLC grew its position in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 1.5% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 47,985 shares of the company’s stock after purchasing an additional 714 shares during the quarter. Delta Investment Management LLC’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $1,107,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in RDVI. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 45.4% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 244,848 shares of the company’s stock worth $5,159,000 after buying an additional 76,437 shares during the period. Pinnacle Wealth Management Advisory Group LLC lifted its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 48.2% in the 3rd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 32,375 shares of the company’s stock worth $682,000 after buying an additional 10,525 shares during the period. NBC Securities Inc. purchased a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF in the 3rd quarter worth $119,000. Atlas Wealth LLC lifted its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 56.3% in the 3rd quarter. Atlas Wealth LLC now owns 49,422 shares of the company’s stock worth $1,041,000 after buying an additional 17,801 shares during the period. Finally, Janney Montgomery Scott LLC lifted its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 57.3% during the 3rd quarter. Janney Montgomery Scott LLC now owns 115,689 shares of the company’s stock worth $2,438,000 after purchasing an additional 42,147 shares during the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Stock Down 0.2 %

Shares of BATS RDVI opened at $23.50 on Friday. The stock has a market cap of $931.78 million, a PE ratio of 9.70 and a beta of 0.84. The stock’s fifty day moving average is $23.63 and its two-hundred day moving average is $22.54.

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.