Milestone Asset Management LLC Sells 56,684 Shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

Milestone Asset Management LLC reduced its position in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 53.1% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 50,065 shares of the company’s stock after selling 56,684 shares during the quarter. Milestone Asset Management LLC’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $1,214,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of RDVI. Global Trust Asset Management LLC bought a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF during the 4th quarter valued at approximately $34,000. Larson Financial Group LLC lifted its position 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 worth $44,000 after buying an additional 893 shares during the last quarter. Blue Trust Inc. bought a new stake in FT Vest Rising Dividend Achievers Target Income ETF in the third quarter worth $52,000. Geneos Wealth Management Inc. bought a new stake in FT Vest Rising Dividend Achievers Target Income ETF in the fourth quarter worth $52,000. Finally, Sunbelt Securities Inc. bought a new stake in FT Vest Rising Dividend Achievers Target Income ETF in the second quarter worth $71,000.

FT Vest Rising Dividend Achievers Target Income ETF Stock Performance

Shares of RDVI opened at $25.46 on Thursday. The company has a market capitalization of $1.05 billion, a P/E ratio of 9.92 and a beta of 0.79. The stock has a 50-day moving average of $25.14 and a two-hundred day moving average of $24.71.

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.