Luken Investment Analytics LLC Cuts Stock Holdings in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

Luken Investment Analytics LLC lessened its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 0.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 382,471 shares of the company’s stock after selling 523 shares during the quarter. FT Vest Rising Dividend Achievers Target Income ETF makes up 4.3% of Luken Investment Analytics LLC’s portfolio, making the stock its 8th biggest position. Luken Investment Analytics LLC owned 0.92% of FT Vest Rising Dividend Achievers Target Income ETF worth $9,271,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. LPL Financial LLC boosted its stake in FT Vest Rising Dividend Achievers Target Income ETF by 17.3% during the 3rd quarter. LPL Financial LLC now owns 5,318,951 shares of the company’s stock valued at $131,059,000 after purchasing an additional 786,394 shares during the last quarter. Commonwealth Equity Services LLC increased its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 17.5% in the third quarter. Commonwealth Equity Services LLC now owns 1,486,750 shares of the company’s stock worth $36,634,000 after purchasing an additional 221,583 shares in the last quarter. Stifel Financial Corp boosted its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 10.3% in the third quarter. Stifel Financial Corp now owns 1,309,275 shares of the company’s stock worth $32,260,000 after acquiring an additional 122,266 shares during the period. Truist Financial Corp lifted its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 7.0% in the 2nd quarter. Truist Financial Corp now owns 1,110,699 shares of the company’s stock worth $25,968,000 after purchasing an additional 72,881 shares in the last quarter. Finally, Cetera Investment Advisers boosted its position in shares of FT Vest Rising Dividend Achievers Target Income ETF by 13.9% during the second quarter. Cetera Investment Advisers now owns 893,406 shares of the company’s stock worth $20,888,000 after acquiring an additional 108,991 shares during the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Price Performance

BATS RDVI opened at $25.68 on Friday. The company’s fifty day moving average price is $25.14 and its 200 day moving average price is $24.72. The stock has a market cap of $1.06 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.