FT Vest Rising Dividend Achievers Target Income ETF
RDVI
133 hedge funds and large institutions have $418M invested in FT Vest Rising Dividend Achievers Target Income ETF in 2023 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 58 increasing their positions, 28 reducing their positions, and 4 closing their positions.
775% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 4
107% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 28
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
35% more capital invested
Capital invested by funds: $310M → $418M (+$108M)
30% more funds holding
Funds holding: 102 → 133 (+31)
5.28% less ownership
Funds ownership: 70.3% → 65.02% (-5.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$5.67M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$5.02M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.92M |
| 4 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$3.87M |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$3.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$7.4M |
| 2 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$3.89M |
| 3 |
LPL Financial
San Diego,
California
|
-$1.5M |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
-$768K |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$521K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SPIA
126
Steward Partners Investment Advisory
New York
| $34.6K | +$32.1K | +1,500 | New |
|
|
BFEC
127
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $23K | +$21.4K | +1,000 | New |
|
|
PTC
128
Private Trust Company
Cleveland,
Ohio
| $20.8K | – | – | – |
|
|
LFG
129
Larson Financial Group
St Louis,
Missouri
| $20.5K | – | – | – |
|
|
IGWM
130
ICA Group Wealth Management
Denver,
Colorado
| $11.5K | +$10.7K | +500 | New |
|
131
Comerica Bank
Dallas,
Texas
| $7.55K | – | – | – |
|
|
PS
132
Principal Securities
Des Moines,
Iowa
| $7.2K | +$6.68K | +312 | New |
|
133
Wells Fargo
San Francisco,
California
| $24 | +$21 | +1 | New |
|
|
KAS
134
KPP Advisory Services
Louisville,
Kentucky
| – | -$486K | -23,078 | Closed |
|
135
Wolverine Trading
Chicago,
Illinois
| – | -$397K | -18,865 | Closed |
|
|
SG
136
StoneX Group
New York
| – | -$206K | -9,785 | Closed |
|
|
CIA
137
Cape Investment Advisory
Mcdonough,
Georgia
| – | -$31.6K | -1,500 | Closed |
|
RDVI Hedge Fund Activity: Q4 2023 in Review
133 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in FT Vest Rising Dividend Achievers Target Income ETF (RDVI) for Q4 2023, worth a combined $418M — up 35% from $310M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new RDVI positions and 4 closed out — a net gain of 31 holders — while 58 added to existing stakes and 28 trimmed.
The largest buyer was Cetera Advisor Networks, adding an estimated $5.67M. The largest seller was Osaic Holdings, cutting an estimated $7.4M.
- 133 institutional investors held FT Vest Rising Dividend Achievers Target Income ETF (RDVI) as of Q4 2023, up from 102 in Q3 2023.
- Funds reported $418M of FT Vest Rising Dividend Achievers Target Income ETF stock for Q4 2023, up 35% quarter-over-quarter.
- 35 funds opened new FT Vest Rising Dividend Achievers Target Income ETF positions in Q4 2023 and 4 closed out, a net change of +31 holders.
- The largest FT Vest Rising Dividend Achievers Target Income ETF buyer in Q4 2023 was Cetera Advisor Networks, an estimated $5.67M added.
- The largest FT Vest Rising Dividend Achievers Target Income ETF seller in Q4 2023 was Osaic Holdings, an estimated $7.4M sold.
Based on aggregated 13F filings for Q4 2023.