Sandy Spring Bank Increases Stock Position in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

Sandy Spring Bank increased its position in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 0.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 56,003 shares of the company’s stock after acquiring an additional 470 shares during the period. Sandy Spring Bank owned about 0.14% of FT Vest Rising Dividend Achievers Target Income ETF worth $1,358,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in RDVI. IMG Wealth Management Inc. purchased a new position in FT Vest Rising Dividend Achievers Target Income ETF in the 4th quarter worth approximately $28,000. Global Trust Asset Management LLC purchased a new stake in FT Vest Rising Dividend Achievers Target Income ETF during the 4th quarter valued at $34,000. Larson Financial Group LLC raised its stake in 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 during the last quarter. Elevation Wealth Partners LLC purchased a new stake in FT Vest Rising Dividend Achievers Target Income ETF during the 4th quarter valued at $50,000. Finally, Geneos Wealth Management Inc. purchased a new stake in FT Vest Rising Dividend Achievers Target Income ETF during the 4th quarter valued at $52,000.

FT Vest Rising Dividend Achievers Target Income ETF Trading Down 2.6 %

Shares of RDVI opened at $23.93 on Friday. The firm has a market cap of $1.76 billion, a PE ratio of 14.79 and a beta of 1.08. The firm has a fifty day simple moving average of $24.83 and a two-hundred day simple moving average of $24.87. FT Vest Rising Dividend Achievers Target Income ETF has a 1-year low of $22.30 and a 1-year high of $26.50.

About FT Vest Rising Dividend Achievers Target Income ETF

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.