Main Street Financial Solutions LLC Cuts Stock Holdings in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

Main Street Financial Solutions LLC lowered its stake in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 15.5% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 22,684 shares of the company’s stock after selling 4,176 shares during the period. Main Street Financial Solutions LLC’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $559,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Oppenheimer & Co. Inc. purchased a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF in the 3rd quarter worth about $366,000. Ashton Thomas Private Wealth LLC increased its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 2,023.8% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 37,103 shares of the company’s stock worth $914,000 after purchasing an additional 35,356 shares in the last quarter. Harbour Investments Inc. boosted its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 61.6% during the third quarter. Harbour Investments Inc. now owns 408,584 shares of the company’s stock valued at $10,068,000 after buying an additional 155,679 shares during the last quarter. Nations Financial Group Inc. IA ADV increased its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 8.3% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 182,701 shares of the company’s stock worth $4,502,000 after buying an additional 14,024 shares in the last quarter. Finally, Tyler Stone Wealth Management lifted its stake in FT Vest Rising Dividend Achievers Target Income ETF by 223.8% during the 3rd quarter. Tyler Stone Wealth Management now owns 19,696 shares of the company’s stock valued at $485,000 after acquiring an additional 13,614 shares during the period.

FT Vest Rising Dividend Achievers Target Income ETF Stock Performance

Shares of BATS RDVI opened at $25.83 on Friday. The company’s 50-day moving average is $24.73 and its 200-day moving average is $24.08. The stock has a market cap of $1.07 billion, a P/E ratio of 9.92 and a beta of 0.79.

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.