Pinnacle Wealth Management Advisory Group LLC Buys 54,117 Shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

Pinnacle Wealth Management Advisory Group LLC increased its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 22.5% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 294,212 shares of the company’s stock after buying an additional 54,117 shares during the period. Pinnacle Wealth Management Advisory Group LLC owned 0.38% of FT Vest Rising Dividend Achievers Target Income ETF worth $6,979,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in the company. LPL Financial LLC boosted its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 15.3% during the first quarter. LPL Financial LLC now owns 6,889,305 shares of the company’s stock worth $163,414,000 after acquiring an additional 912,535 shares during the period. Raymond James Financial Inc. bought a new position in shares of FT Vest Rising Dividend Achievers Target Income ETF during the fourth quarter worth approximately $39,263,000. Wells Fargo & Company MN increased its holdings 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 purchasing an additional 864,926 shares during the period. Stifel Financial Corp increased its holdings 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 worth $35,377,000 after purchasing an additional 150,171 shares during the period. Finally, Cetera Investment Advisers increased its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 16.2% during the first quarter. Cetera Investment Advisers now owns 1,362,285 shares of the company’s stock worth $32,313,000 after purchasing an additional 190,323 shares during the period.

FT Vest Rising Dividend Achievers Target Income ETF Trading Up 1.9%

Shares of RDVI opened at $25.04 on Monday. FT Vest Rising Dividend Achievers Target Income ETF has a 12 month low of $20.43 and a 12 month high of $26.50. The firm’s 50 day moving average is $24.44 and its 200-day moving average is $24.15. The stock has a market capitalization of $2.07 billion, a PE ratio of 16.57 and a beta of 1.03.

FT Vest Rising Dividend Achievers Target Income ETF 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.