Rehmann Capital Advisory Group Sells 27,156 Shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

Rehmann Capital Advisory Group cut its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 20.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 107,314 shares of the company’s stock after selling 27,156 shares during the period. Rehmann Capital Advisory Group owned about 0.26% of FT Vest Rising Dividend Achievers Target Income ETF worth $2,601,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC raised its position in FT Vest Rising Dividend Achievers Target Income ETF by 12.4% in the 4th quarter. LPL Financial LLC now owns 5,976,770 shares of the company’s stock worth $144,877,000 after purchasing an additional 657,819 shares during the last quarter. Commonwealth Equity Services LLC increased its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 10.3% in the 4th quarter. Commonwealth Equity Services LLC now owns 1,640,322 shares of the company’s stock valued at $39,761,000 after buying an additional 153,572 shares during the period. Raymond James Financial Inc. bought a new stake in shares of FT Vest Rising Dividend Achievers Target Income ETF during the fourth quarter worth $39,263,000. Wells Fargo & Company MN raised its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 118.2% during the fourth quarter. Wells Fargo & Company MN now owns 1,596,451 shares of the company’s stock worth $38,698,000 after acquiring an additional 864,926 shares during the last quarter. Finally, Stifel Financial Corp lifted its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 11.5% during the fourth quarter. Stifel Financial Corp now owns 1,459,446 shares of the company’s stock valued at $35,377,000 after acquiring an additional 150,171 shares during the period.

FT Vest Rising Dividend Achievers Target Income ETF Price Performance

Shares of BATS:RDVI opened at $22.96 on Wednesday. The stock has a market cap of $1.76 billion, a price-to-earnings ratio of 13.95 and a beta of 1.04. The company has a 50 day moving average of $23.27 and a 200-day moving average of $24.54. FT Vest Rising Dividend Achievers Target Income ETF has a one year low of $20.43 and a one year high of $26.50.

FT Vest Rising Dividend Achievers Target Income ETF Increases Dividend

The business also recently announced a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were issued a dividend of $0.174 per share. The ex-dividend date was Thursday, March 27th. This is a boost 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.