Janney Montgomery Scott LLC Increases Holdings in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

Janney Montgomery Scott LLC increased its stake in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 9.2% during the third quarter, according to its most recent filing with the SEC. The fund owned 415,596 shares of the company’s stock after buying an additional 35,172 shares during the quarter. Janney Montgomery Scott LLC owned 1.00% of FT Vest Rising Dividend Achievers Target Income ETF worth $10,240,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. LPL Financial LLC boosted its stake in FT Vest Rising Dividend Achievers Target Income ETF by 16.1% in the second quarter. LPL Financial LLC now owns 4,532,557 shares of the company’s stock valued at $105,971,000 after acquiring an additional 629,409 shares during the last quarter. Cetera Investment Advisers lifted its stake in FT Vest Rising Dividend Achievers Target Income ETF by 236.6% in the first quarter. Cetera Investment Advisers now owns 784,415 shares of the company’s stock valued at $19,202,000 after purchasing an additional 551,357 shares during the last quarter. Osaic Holdings Inc. grew its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 44.4% during the first quarter. Osaic Holdings Inc. now owns 1,406,462 shares of the company’s stock valued at $34,234,000 after purchasing an additional 432,454 shares during the period. Luken Investment Analytics LLC increased its position in FT Vest Rising Dividend Achievers Target Income ETF by 4,516.6% in the third quarter. Luken Investment Analytics LLC now owns 382,994 shares of the company’s stock worth $9,437,000 after buying an additional 374,698 shares during the last quarter. Finally, Raymond James & Associates raised its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 255.9% in the third quarter. Raymond James & Associates now owns 462,364 shares of the company’s stock valued at $11,393,000 after buying an additional 332,445 shares during the period.

FT Vest Rising Dividend Achievers Target Income ETF Price Performance

RDVI stock opened at $25.92 on Friday. The company has a market cap of $1.07 billion, a P/E ratio of 9.92 and a beta of 0.79. The business’s fifty day moving average price is $24.55 and its two-hundred day moving average price is $24.00.

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.