Hickory Asset Management Inc. Purchases Shares of 10,526 FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

Hickory Asset Management Inc. bought a new position in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 10,526 shares of the company’s stock, valued at approximately $255,000.

Several other institutional investors and hedge funds also recently modified their holdings of RDVI. NBC Securities Inc. boosted its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 40.8% in the third quarter. NBC Securities Inc. now owns 9,215 shares of the company’s stock worth $227,000 after buying an additional 2,669 shares during the period. Good Life Advisors LLC boosted its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 41.0% in the third quarter. Good Life Advisors LLC now owns 67,581 shares of the company’s stock worth $1,665,000 after buying an additional 19,659 shares during the period. Marshall Financial Group LLC boosted its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 2.8% in the third quarter. Marshall Financial Group LLC now owns 38,310 shares of the company’s stock worth $944,000 after buying an additional 1,051 shares during the period. Secure Asset Management LLC boosted its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 3.1% in the third quarter. Secure Asset Management LLC now owns 46,736 shares of the company’s stock worth $1,152,000 after buying an additional 1,422 shares during the period. Finally, Blue Trust Inc. purchased a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF in the third quarter worth about $52,000.

FT Vest Rising Dividend Achievers Target Income ETF Stock Performance

BATS:RDVI opened at $25.45 on Friday. The stock has a 50 day simple moving average of $24.96 and a 200-day simple moving average of $24.79. The firm has a market capitalization of $1.05 billion, a PE 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.