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

MML Investors Services LLC grew its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 39.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 72,939 shares of the company’s stock after buying an additional 20,599 shares during the period. MML Investors Services LLC owned 0.18% of FT Vest Rising Dividend Achievers Target Income ETF worth $1,797,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of RDVI. Ashton Thomas Private Wealth LLC bought a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF during the 2nd quarter valued at $41,000. Larson Financial Group LLC boosted its holdings 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 buying an additional 893 shares in the last quarter. Blue Trust Inc. bought a new position in FT Vest Rising Dividend Achievers Target Income ETF in the 3rd quarter worth about $52,000. Sunbelt Securities Inc. bought a new position in FT Vest Rising Dividend Achievers Target Income ETF in the 2nd quarter worth about $71,000. Finally, Rothschild Investment LLC bought a new position in FT Vest Rising Dividend Achievers Target Income ETF in the 2nd quarter worth about $157,000.

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

Shares of FT Vest Rising Dividend Achievers Target Income ETF stock opened at $24.85 on Wednesday. The company has a market cap of $1.03 billion, a PE ratio of 9.92 and a beta of 0.79. The stock has a 50-day moving average price of $25.41 and a 200-day moving average price of $24.42.

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.