Independent Financial Group LLC Takes $5.32 Million Position in FT Vest Technology Dividend Target Income ETF $TDVI

Independent Financial Group LLC acquired a new position in shares of FT Vest Technology Dividend Target Income ETF (BATS:TDVI) in the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 200,108 shares of the company’s stock, valued at approximately $5,315,000. Independent Financial Group LLC owned about 5.27% of FT Vest Technology Dividend Target Income ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Royal Bank of Canada acquired a new stake in FT Vest Technology Dividend Target Income ETF in the first quarter valued at $378,000. Jane Street Group LLC acquired a new position in shares of FT Vest Technology Dividend Target Income ETF during the 1st quarter worth about $209,000. First Trust Advisors LP acquired a new position in shares of FT Vest Technology Dividend Target Income ETF during the 2nd quarter worth about $344,000. Private Advisor Group LLC increased its holdings in shares of FT Vest Technology Dividend Target Income ETF by 1.8% in the 3rd quarter. Private Advisor Group LLC now owns 63,816 shares of the company’s stock valued at $1,828,000 after acquiring an additional 1,125 shares during the last quarter. Finally, Raymond James Financial Inc. raised its position in shares of FT Vest Technology Dividend Target Income ETF by 1,142,256.5% during the 3rd quarter. Raymond James Financial Inc. now owns 262,742 shares of the company’s stock worth $7,528,000 after acquiring an additional 262,719 shares in the last quarter.

FT Vest Technology Dividend Target Income ETF Stock Performance

Shares of BATS TDVI opened at $29.85 on Friday. The stock’s 50-day simple moving average is $31.97 and its 200-day simple moving average is $29.49. The firm has a market capitalization of $113.43 million, a PE ratio of 25.63 and a beta of 1.18. FT Vest Technology Dividend Target Income ETF has a fifty-two week low of $25.63 and a fifty-two week high of $35.57.

FT Vest Technology Dividend Target Income ETF 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.