FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) Shares Sold by Concourse Financial Group Securities Inc.

Concourse Financial Group Securities Inc. cut its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 41.2% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 8,927 shares of the company’s stock after selling 6,262 shares during the period. Concourse Financial Group Securities Inc.’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $229,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Raymond James Financial Inc. acquired a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF in the fourth quarter worth approximately $39,263,000. SRS Capital Advisors Inc. lifted its stake in FT Vest Rising Dividend Achievers Target Income ETF by 15,567.2% in the 4th quarter. SRS Capital Advisors Inc. now owns 1,037,951 shares of the company’s stock worth $25,160,000 after purchasing an additional 1,031,326 shares in the last quarter. Wells Fargo & Company MN grew its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 118.2% in the fourth quarter. Wells Fargo & Company MN now owns 1,596,451 shares of the company’s stock valued at $38,698,000 after purchasing an additional 864,926 shares in the last quarter. LPL Financial LLC boosted its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 12.4% during the 4th quarter. LPL Financial LLC now owns 5,976,770 shares of the company’s stock valued at $144,877,000 after acquiring an additional 657,819 shares during the last quarter. Finally, Independent Advisor Alliance acquired a new stake in FT Vest Rising Dividend Achievers Target Income ETF during the fourth quarter worth about $9,772,000.

FT Vest Rising Dividend Achievers Target Income ETF Price Performance

Shares of RDVI stock opened at $22.19 on Wednesday. FT Vest Rising Dividend Achievers Target Income ETF has a 12 month low of $20.43 and a 12 month high of $26.50. The company has a market capitalization of $1.70 billion, a PE ratio of 13.95 and a beta of 1.04. The firm’s 50-day moving average is $23.55 and its two-hundred day moving average is $24.61.

FT Vest Rising Dividend Achievers Target Income ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were paid a dividend of $0.174 per share. The ex-dividend date of this dividend was Thursday, March 27th. This is a positive change from FT Vest Rising Dividend Achievers Target Income ETF’s previous dividend of $0.16.

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.