First Trust Advisors LP Grows Stake in FT Vest Technology Dividend Target Income ETF $TDVI

First Trust Advisors LP increased its position in FT Vest Technology Dividend Target Income ETF (BATS:TDVI) by 30.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 69,437 shares of the company’s stock after acquiring an additional 16,110 shares during the period. First Trust Advisors LP’s holdings in FT Vest Technology Dividend Target Income ETF were worth $1,844,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of TDVI. Advisory Services Network LLC purchased a new stake in FT Vest Technology Dividend Target Income ETF during the third quarter valued at $51,000. Triumph Capital Management boosted its position in FT Vest Technology Dividend Target Income ETF by 442.7% in the fourth quarter. Triumph Capital Management now owns 3,343 shares of the company’s stock worth $93,000 after purchasing an additional 2,727 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in shares of FT Vest Technology Dividend Target Income ETF during the 4th quarter valued at about $96,000. Larson Financial Group LLC bought a new stake in shares of FT Vest Technology Dividend Target Income ETF during the 4th quarter valued at about $127,000. Finally, Jane Street Group LLC bought a new stake in shares of FT Vest Technology Dividend Target Income ETF during the 1st quarter valued at about $209,000.

FT Vest Technology Dividend Target Income ETF Stock Up 1.2%

BATS TDVI opened at $32.01 on Friday. FT Vest Technology Dividend Target Income ETF has a 52 week low of $25.63 and a 52 week high of $35.57. The firm has a market capitalization of $121.64 million, a P/E ratio of 25.63 and a beta of 1.18. The company has a 50-day moving average price of $31.55 and a 200-day moving average price of $29.72.

FT Vest Technology Dividend Target Income ETF Company Profile

The FT Vest Technology Dividend Target Income ETF (TDVI) is an exchange-traded fund that mostly invests in information technology equity. TVDI is an actively managed fund that seeks to provide a target level of current income and capital appreciation by holding a portfolio of dividend-paying US technology companies. The fund also utilizes a naked call writing option strategy on the Nasdaq 100 Index (NDX) and/or the S&P 500 Index (SPX) or related ETFs. TDVI was launched on Aug 9, 2023 and is issued by First Trust.