FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) Stake Raised by Midwest Financial Group LLC

Midwest Financial Group LLC grew its stake in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 1.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 273,990 shares of the company’s stock after buying an additional 3,854 shares during the quarter. FT Vest Rising Dividend Achievers Target Income ETF accounts for approximately 3.8% of Midwest Financial Group LLC’s portfolio, making the stock its 5th biggest position. Midwest Financial Group LLC’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $6,642,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in RDVI. Brookstone Capital Management acquired a new stake in FT Vest Rising Dividend Achievers Target Income ETF in the fourth quarter valued at $231,000. Ameritas Advisory Services LLC raised its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 7.1% during the 4th quarter. Ameritas Advisory Services LLC now owns 54,182 shares of the company’s stock worth $1,313,000 after acquiring an additional 3,587 shares in the last quarter. NBC Securities Inc. lifted its stake in FT Vest Rising Dividend Achievers Target Income ETF by 40.8% during the third quarter. NBC Securities Inc. now owns 9,215 shares of the company’s stock worth $227,000 after purchasing an additional 2,669 shares during the last quarter. Sunbelt Securities Inc. acquired a new position in FT Vest Rising Dividend Achievers Target Income ETF in the second quarter valued at approximately $71,000. Finally, Larson Financial Group LLC increased its stake in FT Vest Rising Dividend Achievers Target Income ETF by 100.3% in the third quarter. Larson Financial Group LLC now owns 1,783 shares of the company’s stock valued at $44,000 after purchasing an additional 893 shares during the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Stock Performance

Shares of FT Vest Rising Dividend Achievers Target Income ETF stock opened at $25.37 on Friday. The firm has a 50-day moving average of $25.17 and a two-hundred day moving average of $24.64. The firm has a market cap of $1.05 billion, a PE ratio of 9.92 and a beta of 0.79.

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.