Global Trust Asset Management LLC Purchases New Holdings in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

Global Trust Asset Management LLC acquired a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 1,400 shares of the company’s stock, valued at approximately $34,000.

A number of other hedge funds also recently added to or reduced their stakes in RDVI. Larson Financial Group LLC raised its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 100.3% during the third 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. Blue Trust Inc. purchased a new position in FT Vest Rising Dividend Achievers Target Income ETF during the 3rd quarter worth $52,000. Sunbelt Securities Inc. acquired a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF in the 2nd quarter worth $71,000. Legacy Investment Solutions LLC purchased a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF in the third quarter valued at about $228,000. Finally, Darwin Wealth Management LLC acquired a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF during the third quarter worth about $222,000.

FT Vest Rising Dividend Achievers Target Income ETF Stock Up 3.6 %

BATS RDVI opened at $25.46 on Thursday. The business’s 50-day moving average price is $25.17 and its 200-day moving average price is $24.64. The stock 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 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.