FT Vest Rising Dividend Achievers Target Income ETF
RDVI
152 hedge funds and large institutions have $568M 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, 85 increasing their positions, 25 reducing their positions, and 10 closing their positions.
240% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 25
180% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 10
36% more capital invested
Capital invested by funds: $418M → $568M (+$150M)
13% more funds holding
Funds holding: 134 → 152 (+18)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
2.82% less ownership
Funds ownership: 65.06% → 62.24% (-2.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$19.3M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$12.7M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$9.99M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$6.59M |
| 5 |
PA
Pinnacle Associates
New York
|
+$6.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFG
Prosperity Financial Group
San Ramon,
California
|
-$5.24M |
| 2 |
KPWS
Kestra Private Wealth Services
Austin,
Texas
|
-$3.68M |
| 3 |
MWS
Maxwell Wealth Strategies
Pleasanton,
California
|
-$2.34M |
| 4 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$1.45M |
| 5 |
SAM
Secure Asset Management
Troy,
Michigan
|
-$1.07M |
RDVI Hedge Fund Activity: Q1 2024 in Review
152 of the 6,958 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 $568M — up 36% 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 85 added to existing stakes and 25 trimmed.
The largest buyer was LPL Financial, adding an estimated $19.3M. The largest seller was Prosperity Financial Group, cutting an estimated $5.24M.
- 152 institutional investors held FT Vest Rising Dividend Achievers Target Income ETF (RDVI) as of Q1 2024, up from 134 in Q4 2023.
- Funds reported $568M of FT Vest Rising Dividend Achievers Target Income ETF stock for Q1 2024, up 36% 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 LPL Financial, an estimated $19.3M 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.