Moors & Cabot Inc. Increases Stock Position in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

Moors & Cabot Inc. increased its position in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 40.7% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 14,883 shares of the company’s stock after buying an additional 4,303 shares during the quarter. Moors & Cabot Inc.’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $367,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in RDVI. Ashton Thomas Private Wealth LLC acquired a new position in FT Vest Rising Dividend Achievers Target Income ETF in the 2nd quarter valued at about $41,000. Blue Trust Inc. acquired a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF during the third quarter worth $52,000. Sunbelt Securities Inc. purchased a new position in FT Vest Rising Dividend Achievers Target Income ETF in the 2nd quarter valued at $71,000. Triad Wealth Partners LLC acquired a new position in FT Vest Rising Dividend Achievers Target Income ETF in the 2nd quarter valued at $145,000. Finally, Rothschild Investment LLC purchased a new position in FT Vest Rising Dividend Achievers Target Income ETF during the 2nd quarter worth $157,000.

FT Vest Rising Dividend Achievers Target Income ETF Trading Up 0.9 %

Shares of BATS:RDVI opened at $26.12 on Friday. The stock has a market capitalization of $1.08 billion, a P/E ratio of 9.92 and a beta of 0.79. The company has a fifty day moving average price of $24.98 and a 200-day moving average price of $24.18.

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.