FT Vest Rising Dividend Achievers Target Income ETF
RDVI
151 hedge funds and large institutions have $603M invested in FT Vest Rising Dividend Achievers Target Income ETF in 2024 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 86 increasing their positions, 25 reducing their positions, and 10 closing their positions.
244% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 25
180% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 10
44% more capital invested
Capital invested by funds: $418M → $603M (+$185M)
14% more funds holding
Funds holding: 133 → 151 (+18)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
0.53% less ownership
Funds ownership: 65.02% → 64.49% (-0.53%)
Top Buyers
| 1 |
GAA
Global Assets Advisory
Orlando,
Florida
|
+$19.7M |
| 2 |
LPL Financial
San Diego,
California
|
+$19.3M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$12.7M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$9.99M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$6.59M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Wells Fargo
San Francisco,
California
| $29 | – | – | – |
|
|
RFG
152
REAP Financial Group
Austin,
Texas
| – | -$984K | -42,646 | Closed |
|
|
NEWAS
153
N.E.W. Advisory Services
De Pere,
Wisconsin
| – | -$872K | -37,793 | Closed |
|
|
OMC
154
Old Mission Capital
Chicago,
Illinois
| – | -$845K | -36,605 | Closed |
|
155
Citadel Advisors
Miami,
Florida
| – | -$596K | -25,803 | Closed |
|
|
VL
156
Vima LLC
Troy,
Michigan
| – | -$523K | -22,660 | Closed |
|
157
Rockefeller Capital Management
New York
| – | -$519K | -22,500 | Closed |
|
158
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$227K | -9,818 | Closed |
|
|
BFA
159
Beacon Financial Advisory
Cleveland,
Ohio
| – | -$210K | -9,095 | Closed |
|
|
SWA
160
Stratos Wealth Advisors
Beachwood,
Ohio
| – | -$210K | -9,095 | Closed |
|
|
ASN
161
Advisory Services Network
Atlanta,
Georgia
| – | -$85.5K | -3,705 | Closed |
|
RDVI Hedge Fund Activity: Q1 2024 in Review
151 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in FT Vest Rising Dividend Achievers Target Income ETF (RDVI) for Q1 2024, worth a combined $603M — up 44% from $418M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new RDVI positions and 10 closed out — a net gain of 18 holders — while 86 added to existing stakes and 25 trimmed.
The largest buyer was Global Assets Advisory, adding an estimated $19.7M. The largest seller was Prosperity Financial Group, cutting an estimated $5.24M.
- 151 institutional investors held FT Vest Rising Dividend Achievers Target Income ETF (RDVI) as of Q1 2024, up from 133 in Q4 2023.
- Funds reported $603M of FT Vest Rising Dividend Achievers Target Income ETF stock for Q1 2024, up 44% quarter-over-quarter.
- 28 funds opened new FT Vest Rising Dividend Achievers Target Income ETF positions in Q1 2024 and 10 closed out, a net change of +18 holders.
- The largest FT Vest Rising Dividend Achievers Target Income ETF buyer in Q1 2024 was Global Assets Advisory, an estimated $19.7M added.
- The largest FT Vest Rising Dividend Achievers Target Income ETF seller in Q1 2024 was Prosperity Financial Group, an estimated $5.24M sold.
Based on aggregated 13F filings for Q1 2024.