First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF
DDIV
34 hedge funds and large institutions have $21.7M invested in First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF in 2023 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 11 reducing their positions, and 6 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 11
5.39% less ownership
Funds ownership: 66.87% → 61.48% (-5.4%)
6% less funds holding
Funds holding: 36 → 34 (-2)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
51% less capital invested
Capital invested by funds: $44.3M → $21.7M (-$22.6M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$1.31M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.14M |
| 3 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
+$1.13M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$458K |
| 5 |
SPIA
Steward Partners Investment Advisory
New York
|
+$457K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EWP
Engrave Wealth Partners
The Woodlands,
Texas
|
-$12.3M |
| 2 |
PAG
Private Advisory Group
Redmond,
Washington
|
-$1.31M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$494K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$477K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$292K |
DDIV Hedge Fund Activity: Q1 2023 in Review
34 of the 6,275 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 2023, worth a combined $21.7M — down 51% from $44.3M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of DDIV and 5 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 12 added.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $1.31M. The largest seller was Engrave Wealth Partners, cutting an estimated $12.3M.
- 34 institutional investors held First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) as of Q1 2023, down from 36 in Q4 2022.
- Funds reported $21.7M of First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF stock for Q1 2023, down 51% quarter-over-quarter.
- 5 funds opened new First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF positions in Q1 2023 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 2023 was Goldman Sachs, an estimated $1.31M added.
- The largest First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF seller in Q1 2023 was Engrave Wealth Partners, an estimated $12.3M sold.
Based on aggregated 13F filings for Q1 2023.