HBW Advisory Services LLC Sells 1,400 Shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

HBW Advisory Services LLC cut its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 8.9% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 14,265 shares of the company’s stock after selling 1,400 shares during the quarter. HBW Advisory Services LLC’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $334,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Osaic Holdings Inc. lifted its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 44.4% in the 1st quarter. Osaic Holdings Inc. now owns 1,406,462 shares of the company’s stock worth $34,234,000 after purchasing an additional 432,454 shares during the period. Global Assets Advisory LLC lifted its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 2,333.0% in the 1st quarter. Global Assets Advisory LLC now owns 886,829 shares of the company’s stock worth $21,710,000 after purchasing an additional 850,379 shares during the period. Truist Financial Corp lifted its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 12.7% in the 4th quarter. Truist Financial Corp now owns 834,440 shares of the company’s stock worth $19,259,000 after purchasing an additional 94,161 shares during the period. Cetera Investment Advisers lifted its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 236.6% in the 1st quarter. Cetera Investment Advisers now owns 784,415 shares of the company’s stock worth $19,202,000 after purchasing an additional 551,357 shares during the period. Finally, Stifel Financial Corp lifted its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 12.3% in the 4th quarter. Stifel Financial Corp now owns 764,943 shares of the company’s stock worth $17,655,000 after purchasing an additional 83,535 shares during the period.

FT Vest Rising Dividend Achievers Target Income ETF Stock Performance

Shares of BATS RDVI traded up $0.18 during midday trading on Tuesday, reaching $22.98. The stock had a trading volume of 327,950 shares. The company has a market cap of $951.37 million, a price-to-earnings ratio of 9.92 and a beta of 0.79. The firm has a fifty day simple moving average of $23.68 and a 200 day simple moving average of $23.51.

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.