FT Vest Rising Dividend Achievers Target Income ETF
RDVI
102 hedge funds and large institutions have $310M invested in FT Vest Rising Dividend Achievers Target Income ETF in 2023 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 66 increasing their positions, 5 reducing their positions, and 6 closing their positions.
1,220% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 5
367% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 6
65% more capital invested
Capital invested by funds: $188M → $310M (+$122M)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
28% more funds holding
Funds holding: 80 → 102 (+22)
5.13% less ownership
Funds ownership: 75.43% → 70.3% (-5.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$27.4M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$13.3M |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
+$11M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$10.5M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$10.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SHFP
Second Half Financial Partners
Sebring,
Florida
|
-$4.21M |
| 2 |
Jane Street
New York
|
-$1.53M |
| 3 |
PWS
Precision Wealth Strategies
Saint Louis,
Missouri
|
-$1.41M |
| 4 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
-$934K |
| 5 |
GS
GTS Securities
New York
|
-$834K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LFG
101
Larson Financial Group
St Louis,
Missouri
| $18.8K | +$19.6K | +890 | New |
|
102
Comerica Bank
Dallas,
Texas
| $6.89K | +$7.21K | +327 | New |
|
|
SHFP
103
Second Half Financial Partners
Sebring,
Florida
| – | -$4.21M | -191,791 | Closed |
|
|
104
Jane Street
New York
| – | -$1.53M | -69,641 | Closed |
|
|
PWS
105
Precision Wealth Strategies
Saint Louis,
Missouri
| – | -$1.41M | -64,333 | Closed |
|
|
GS
106
GTS Securities
New York
| – | -$834K | -37,958 | Closed |
|
|
IP
107
Ignite Planners
San Clemente,
California
| – | -$399K | -18,324 | Closed |
|
|
WP
108
WealthPLAN Partners
Omaha,
Nebraska
| – | -$27.2K | -1,240 | Closed |
|
RDVI Hedge Fund Activity: Q3 2023 in Review
102 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in FT Vest Rising Dividend Achievers Target Income ETF (RDVI) for Q3 2023, worth a combined $310M — up 65% from $188M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new RDVI positions and 6 closed out — a net gain of 22 holders — while 66 added to existing stakes and 5 trimmed.
The largest buyer was LPL Financial, adding an estimated $27.4M. The largest seller was Second Half Financial Partners, exiting entirely with an estimated $4.21M sold.
- 102 institutional investors held FT Vest Rising Dividend Achievers Target Income ETF (RDVI) as of Q3 2023, up from 80 in Q2 2023.
- Funds reported $310M of FT Vest Rising Dividend Achievers Target Income ETF stock for Q3 2023, up 65% quarter-over-quarter.
- 28 funds opened new FT Vest Rising Dividend Achievers Target Income ETF positions in Q3 2023 and 6 closed out, a net change of +22 holders.
- The largest FT Vest Rising Dividend Achievers Target Income ETF buyer in Q3 2023 was LPL Financial, an estimated $27.4M added.
- The largest FT Vest Rising Dividend Achievers Target Income ETF seller in Q3 2023 was Second Half Financial Partners, an estimated $4.21M sold.
Based on aggregated 13F filings for Q3 2023.