54,893 Shares in FT Vest Technology Dividend Target Income ETF $TDVI Acquired by Arax Advisory Partners

Arax Advisory Partners bought a new position in shares of FT Vest Technology Dividend Target Income ETF (BATS:TDVI) in the fourth quarter, HoldingsChannel reports. The firm bought 54,893 shares of the company’s stock, valued at approximately $1,523,000.

A number of other large investors have also bought and sold shares of TDVI. Raymond James Financial Inc. increased its stake in 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 purchasing an additional 262,719 shares in the last quarter. Stifel Financial Corp increased its stake in FT Vest Technology Dividend Target Income ETF by 665.9% during the 4th quarter. Stifel Financial Corp now owns 180,299 shares of the company’s stock worth $5,001,000 after purchasing an additional 156,759 shares in the last quarter. LPL Financial LLC increased its stake in FT Vest Technology Dividend Target Income ETF by 44.2% during the 4th quarter. LPL Financial LLC now owns 406,776 shares of the company’s stock worth $11,284,000 after purchasing an additional 124,781 shares in the last quarter. Sequent Planning LLC bought a new stake in FT Vest Technology Dividend Target Income ETF during the 4th quarter worth approximately $2,344,000. Finally, Commonwealth Equity Services LLC increased its stake in FT Vest Technology Dividend Target Income ETF by 141.6% during the 4th quarter. Commonwealth Equity Services LLC now owns 42,613 shares of the company’s stock worth $1,182,000 after purchasing an additional 24,973 shares in the last quarter.

FT Vest Technology Dividend Target Income ETF Stock Performance

BATS TDVI opened at $33.07 on Tuesday. The business has a 50 day simple moving average of $30.87 and a 200 day simple moving average of $28.93. FT Vest Technology Dividend Target Income ETF has a 52-week low of $25.63 and a 52-week high of $35.57. The stock has a market cap of $125.67 million, a price-to-earnings ratio of 25.63 and a beta of 1.18.

About FT Vest Technology Dividend Target Income ETF

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.