Comerica Bank Grows Holdings in FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI)

Comerica Bank lifted its position in shares of FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) by 29.6% during the 4th quarter, HoldingsChannel reports. The fund owned 4,790 shares of the company’s stock after purchasing an additional 1,095 shares during the period. Comerica Bank’s holdings in FT Vest Rising Dividend Achievers Target Income ETF were worth $116,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Ameritas Advisory Services LLC increased its stake in shares of FT Vest Rising Dividend Achievers Target Income ETF by 7.1% during the fourth quarter. Ameritas Advisory Services LLC now owns 54,182 shares of the company’s stock worth $1,313,000 after purchasing an additional 3,587 shares in the last quarter. Brookstone Capital Management purchased a new position in FT Vest Rising Dividend Achievers Target Income ETF in the 4th quarter valued at about $231,000. D.A. Davidson & CO. boosted its holdings in FT Vest Rising Dividend Achievers Target Income ETF by 6.8% in the 4th quarter. D.A. Davidson & CO. now owns 85,105 shares of the company’s stock worth $2,063,000 after buying an additional 5,405 shares during the last quarter. LPL Financial LLC raised its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 12.4% during the fourth quarter. LPL Financial LLC now owns 5,976,770 shares of the company’s stock valued at $144,877,000 after acquiring an additional 657,819 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of FT Vest Rising Dividend Achievers Target Income ETF by 0.7% during the fourth quarter. JPMorgan Chase & Co. now owns 74,108 shares of the company’s stock valued at $1,796,000 after acquiring an additional 544 shares during the last quarter.

FT Vest Rising Dividend Achievers Target Income ETF Price Performance

Shares of BATS:RDVI opened at $24.56 on Monday. FT Vest Rising Dividend Achievers Target Income ETF has a 1 year low of $20.43 and a 1 year high of $26.50. The firm has a market capitalization of $1.91 billion, a PE ratio of 14.39 and a beta of 1.04. The business’s 50 day moving average price is $23.11 and its 200-day moving average price is $24.43.

FT Vest Rising Dividend Achievers Target Income ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were issued a $0.174 dividend. The ex-dividend date of this dividend was Thursday, March 27th. This is a positive change from FT Vest Rising Dividend Achievers Target Income ETF’s previous dividend of $0.16.

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.