9,530 Shares in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) Acquired by Brookstone Capital Management

Brookstone Capital Management bought a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 9,530 shares of the company’s stock, valued at approximately $231,000.

Several other hedge funds have also recently added to or reduced their stakes in RDVI. NBC Securities Inc. lifted its stake in FT Vest Rising Dividend Achievers Target Income ETF by 40.8% in the 3rd quarter. NBC Securities Inc. now owns 9,215 shares of the company’s stock worth $227,000 after acquiring an additional 2,669 shares in the last quarter. Sunbelt Securities Inc. bought a new stake in FT Vest Rising Dividend Achievers Target Income ETF in the second quarter worth approximately $71,000. Larson Financial Group LLC increased its stake 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 worth $44,000 after purchasing an additional 893 shares during the last quarter. Truist Financial Corp raised its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 7.0% during the 2nd quarter. Truist Financial Corp now owns 1,110,699 shares of the company’s stock valued at $25,968,000 after purchasing an additional 72,881 shares in the last quarter. Finally, Private Advisor Group LLC lifted its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 39.1% in the 3rd quarter. Private Advisor Group LLC now owns 123,507 shares of the company’s stock valued at $3,043,000 after purchasing an additional 34,714 shares during the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Price Performance

Shares of BATS:RDVI opened at $25.44 on Monday. The stock has a 50-day simple moving average of $25.20 and a two-hundred day simple moving average of $24.61. The company has a market capitalization of $1.05 billion, a PE 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.