First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF
DDIV
22 hedge funds and large institutions have $20.4M invested in First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF in 2021 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 6 closing their positions.
28% more capital invested
Capital invested by funds: $15.9M → $20.4M (+$4.5M)
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
5% more funds holding
Funds holding: 21 → 22 (+1)
2.47% less ownership
Funds ownership: 58.32% → 55.85% (-2.5%)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Synergy Asset Management
Vancouver,
Washington
|
+$4.3M |
| 2 |
Goldman Sachs
New York
|
+$1.02M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$523K |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$417K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$270K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAG
MRA Advisory Group
Parsippany,
New Jersey
|
-$2.33M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.93M |
| 3 |
PAG
Private Advisory Group
Redmond,
Washington
|
-$471K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$441K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$180K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFGS
26
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$7.03K | -257 | Closed |
|
27
Wells Fargo
San Francisco,
California
| – | +$27 | +1 | +100% |
|
DDIV Hedge Fund Activity: Q1 2021 in Review
22 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) for Q1 2021, worth a combined $20.4M — up 28% from $15.9M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new DDIV positions and 6 closed out — a net gain of 1 holder — while 6 added to existing stakes and 7 trimmed.
The largest buyer was Synergy Asset Management, opening a new position worth an estimated $4.3M. The largest seller was MRA Advisory Group, exiting entirely with an estimated $2.33M sold.
- 22 institutional investors held First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) as of Q1 2021, up from 21 in Q4 2020.
- Funds reported $20.4M of First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF stock for Q1 2021, up 28% quarter-over-quarter.
- 7 funds opened new First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF positions in Q1 2021 and 6 closed out, a net change of +1 holder.
- The largest First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF buyer in Q1 2021 was Synergy Asset Management, an estimated $4.3M added.
- The largest First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF seller in Q1 2021 was MRA Advisory Group, an estimated $2.33M sold.
Based on aggregated 13F filings for Q1 2021.