FT Vest Rising Dividend Achievers Target Income ETF
RDVI
80 hedge funds and large institutions have $188M invested in FT Vest Rising Dividend Achievers Target Income ETF in 2023 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 33 increasing their positions, 3 reducing their positions, and 5 closing their positions.
3,085% more capital inflows, than outflows
Capital inflows: $142M | Capital outflows: $4.47M
1,000% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 3
740% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 5
86% more funds holding
Funds holding: 43 → 80 (+37)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
17.3% more ownership
Funds ownership: 5.65% → 22.95% (+17%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$40.5M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$7.69M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$7.45M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$6.38M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FEG
Financial Enhancement Group
Anderson,
Indiana
|
-$2.01M |
| 2 |
SWA
Stratos Wealth Advisors
Beachwood,
Ohio
|
-$1.57M |
| 3 |
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$494K |
| 4 |
EWM
Echo Wealth Management
Plymouth,
Minnesota
|
-$166K |
| 5 |
PWS
Precision Wealth Strategies
Saint Louis,
Missouri
|
-$119K |
RDVI Hedge Fund Activity: Q2 2023 in Review
80 of the 6,387 institutional investors tracked by Wall St. Rank reported a position in FT Vest Rising Dividend Achievers Target Income ETF (RDVI) for Q2 2023, worth a combined $188M — up 318% from $45M a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new RDVI positions and 5 closed out — a net gain of 37 holders — while 33 added to existing stakes and 3 trimmed.
The largest buyer was LPL Financial, opening a new position worth an estimated $40.5M. The largest seller was Financial Enhancement Group, exiting entirely with an estimated $2.01M sold.
- 80 institutional investors held FT Vest Rising Dividend Achievers Target Income ETF (RDVI) as of Q2 2023, up from 43 in Q1 2023.
- Funds reported $188M of FT Vest Rising Dividend Achievers Target Income ETF stock for Q2 2023, up 318% quarter-over-quarter.
- 42 funds opened new FT Vest Rising Dividend Achievers Target Income ETF positions in Q2 2023 and 5 closed out, a net change of +37 holders.
- The largest FT Vest Rising Dividend Achievers Target Income ETF buyer in Q2 2023 was LPL Financial, an estimated $40.5M added.
- The largest FT Vest Rising Dividend Achievers Target Income ETF seller in Q2 2023 was Financial Enhancement Group, an estimated $2.01M sold.
Based on aggregated 13F filings for Q2 2023.