FT Vest Rising Dividend Achievers Target Income ETF
RDVI
168 hedge funds and large institutions have $617M invested in FT Vest Rising Dividend Achievers Target Income ETF in 2024 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 108 increasing their positions, 23 reducing their positions, and 7 closing their positions.
370% more repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 23
271% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 7
11% more funds holding
Funds holding: 152 → 168 (+16)
9% more capital invested
Capital invested by funds: $568M → $617M (+$49.5M)
4.94% less ownership
Funds ownership: 62.24% → 57.31% (-4.9%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$14.9M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$10.7M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$6.33M |
| 4 |
Jane Street
New York
|
+$4.7M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$4.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EA
Ergawealth Advisors
Oak Brook,
Illinois
|
-$2.94M |
| 2 |
SWC
Spectrum Wealth Counsel
Indianapolis,
Indiana
|
-$1M |
| 3 |
CW
CreativeOne Wealth
Overland Park,
Kansas
|
-$945K |
| 4 |
GAA
Global Assets Advisory
Orlando,
Florida
|
-$887K |
| 5 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
-$822K |
RDVI Hedge Fund Activity: Q2 2024 in Review
168 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in FT Vest Rising Dividend Achievers Target Income ETF (RDVI) for Q2 2024, worth a combined $617M — up 8.7% from $568M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new RDVI positions and 7 closed out — a net gain of 19 holders — while 108 added to existing stakes and 23 trimmed.
The largest buyer was LPL Financial, adding an estimated $14.9M. The largest seller was Ergawealth Advisors, cutting an estimated $2.94M.
- 168 institutional investors held FT Vest Rising Dividend Achievers Target Income ETF (RDVI) as of Q2 2024, up from 152 in Q1 2024.
- Funds reported $617M of FT Vest Rising Dividend Achievers Target Income ETF stock for Q2 2024, up 8.7% quarter-over-quarter.
- 26 funds opened new FT Vest Rising Dividend Achievers Target Income ETF positions in Q2 2024 and 7 closed out, a net change of +19 holders.
- The largest FT Vest Rising Dividend Achievers Target Income ETF buyer in Q2 2024 was LPL Financial, an estimated $14.9M added.
- The largest FT Vest Rising Dividend Achievers Target Income ETF seller in Q2 2024 was Ergawealth Advisors, an estimated $2.94M sold.
Based on aggregated 13F filings for Q2 2024.