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FT Vest Rising Dividend Achievers Target Income ETF

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.

New
Increased
Maintained
Reduced
Closed

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: 46 (+2)

35% more capital invested

Capital invested by funds: $310M → $418M (+$108M)

30% more funds holding

Funds holding: 102133 (+31)

5.28% less ownership

Funds ownership: 70.3%65.02% (-5.3%)

Holders
133
Holders Change
+31
Holders Change %
+30.39%
% of All Funds
1.94%
Holding in Top 10
6
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+50%
% of All Funds
0.09%
New
35
Increased
58
Reduced
28
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$70.8M -$1.5M -70,284 -2%
Envestnet Asset Management
2
Envestnet Asset Management
Illinois
$30M +$3.29M +153,896 +13%
Osaic Holdings
3
Osaic Holdings
Arizona
$22.5M -$7.4M -345,700 -26%
Truist Financial
4
Truist Financial
North Carolina
$19.3M +$2.01M +94,161 +13%
SWC
5
Spectrum Wealth Counsel
Indiana
$18.7M +$17.3M +808,772 New
Commonwealth Equity Services
6
Commonwealth Equity Services
Massachusetts
$18.6M +$1.79M +83,585 +12%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$18.1M +$4.92M +230,059 +42%
Stifel Financial
8
Stifel Financial
Missouri
$17.7M +$1.79M +83,535 +12%
Cambridge Investment Research Advisors
9
Cambridge Investment Research Advisors
Iowa
$11.1M +$5.02M +234,453 +96%
PNC
10
Park National Corp
Ohio
$11.1M +$1.69M +78,966 +20%
CAN
11
Cetera Advisor Networks
California
$10.3M +$5.67M +265,096 +146%
PFS
12
Prospera Financial Services
Texas
$9.8M +$3.87M +180,911 +74%
EWM
13
Echo Wealth Management
Minnesota
$7.91M +$3.31M +154,550 +82%
KAS
14
Kestra Advisory Services
Texas
$7.02M +$2.05M +95,949 +46%
PFG
15
Prosperity Financial Group
California
$6.88M -$235K -10,973 -4%
MFG
16
Midwest Financial Group
Kansas
$6.36M -$362K -16,928 -6%
C
17
CEDRUS
Colorado
$6.24M +$1M +46,778 +21%
Baird Financial Group
18
Baird Financial Group
Wisconsin
$6.14M +$3.85M +179,789 +208%
PA
19
Pinnacle Associates
New York
$5.41M +$1.02M +47,485 +25%
Cetera Investment Advisers
20
Cetera Investment Advisers
Illinois
$5.38M +$962K +44,943 +24%
KPWS
21
Kestra Private Wealth Services
Texas
$5.24M +$49.5K +2,312 +1%
HighTower Advisors
22
HighTower Advisors
Illinois
$4.76M +$747K +34,911 +20%
CA
23
Cetera Advisors
Colorado
$4.73M +$998K +46,629 +29%
Janney Montgomery Scott
24
Janney Montgomery Scott
Pennsylvania
$4.08M +$1.31M +61,210 +53%
HI
25
Harbour Investments
Wisconsin
$4.02M +$380K +17,769 +11%

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.