MML Investors Services LLC Raises Stock Holdings in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

MML Investors Services LLC boosted its holdings in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 39.4% in the third quarter, Holdings Channel.com reports. The institutional investor owned 72,939 shares of the company’s stock after acquiring an additional 20,599 shares during the period. MML Investors Services LLC’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $1,797,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. Herold Advisors Inc. increased its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 0.9% during the 2nd quarter. Herold Advisors Inc. now owns 53,713 shares of the company’s stock valued at $1,256,000 after purchasing an additional 459 shares during the last quarter. Insigneo Advisory Services LLC increased its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 4.5% during the 2nd quarter. Insigneo Advisory Services LLC now owns 11,598 shares of the company’s stock valued at $264,000 after purchasing an additional 500 shares during the last quarter. Retirement Planning Group LLC increased its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 3.6% during the 3rd quarter. Retirement Planning Group LLC now owns 15,000 shares of the company’s stock valued at $370,000 after purchasing an additional 517 shares during the last quarter. Atlas Private Wealth Advisors increased its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 2.2% during the 3rd quarter. Atlas Private Wealth Advisors now owns 26,346 shares of the company’s stock valued at $649,000 after purchasing an additional 556 shares during the last quarter. Finally, Larson Financial Group LLC increased its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 100.3% during the 3rd quarter. Larson Financial Group LLC now owns 1,783 shares of the company’s stock valued at $44,000 after purchasing an additional 893 shares during the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Stock Down 0.7 %

BATS RDVI opened at $24.85 on Wednesday. The company’s 50 day simple moving average is $25.41 and its 200-day simple moving average is $24.42. The stock has a market cap of $1.03 billion, a price-to-earnings ratio of 9.92 and a beta of 0.79.

FT Vest Rising Dividend Achievers Target Income ETF Company 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.