MTM Investment Management LLC Boosts Stake in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

MTM Investment Management LLC raised its position in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 8.6% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 49,662 shares of the company’s stock after purchasing an additional 3,950 shares during the period. MTM Investment Management LLC’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $1,204,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of RDVI. Global Trust Asset Management LLC purchased a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF during the 4th quarter worth approximately $34,000. Larson Financial Group LLC boosted its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 100.3% in the 3rd quarter. Larson Financial Group LLC now owns 1,783 shares of the company’s stock worth $44,000 after buying an additional 893 shares during the period. Elevation Wealth Partners LLC bought a new position in FT Vest Rising Dividend Achievers Target Income ETF in the 4th quarter worth approximately $50,000. Blue Trust Inc. bought a new position in FT Vest Rising Dividend Achievers Target Income ETF in the 3rd quarter worth approximately $52,000. Finally, Geneos Wealth Management Inc. bought a new position in FT Vest Rising Dividend Achievers Target Income ETF in the 4th quarter worth approximately $52,000.

FT Vest Rising Dividend Achievers Target Income ETF Stock Performance

RDVI opened at $25.03 on Thursday. The business has a 50 day simple moving average of $24.98 and a 200 day simple moving average of $24.78. The company has a market cap of $1.04 billion, a P/E 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.