First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF
DDIV
27 hedge funds and large institutions have $29.8M invested in First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF in 2023 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 8 closing their positions.
37% more capital invested
Capital invested by funds: $21.7M → $29.8M (+$8.11M)
0.36% more ownership
Funds ownership: 61.48% → 61.84% (+0.36%)
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
21% less funds holding
Funds holding: 34 → 27 (-7)
88% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.18M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$328K |
| 3 |
Goldman Sachs
New York
|
+$319K |
| 4 |
RIA
Realta Investment Advisors
Wilmington,
Delaware
|
+$72.4K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$62.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$1.42M |
| 2 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
-$1.08M |
| 3 |
PTC
Private Trust Company
Cleveland,
Ohio
|
-$1.01M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$262K |
| 5 |
AWE
Avidian Wealth Enterprises
Houston,
Texas
|
-$238K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $5.03K | +$55 | +2 | +1% |
|
|
GWM
27
Geneos Wealth Management
Englewood,
Colorado
| $2.83K | – | – | – |
|
|
IWM
28
IHT Wealth Management
Chicago,
Illinois
| – | -$1.08M | -38,850 | Closed |
|
|
AWE
29
Avidian Wealth Enterprises
Houston,
Texas
| – | -$238K | -8,579 | Closed |
|
|
IA
30
Insight Advisors
Newtown,
Pennsylvania
| – | -$232K | -8,386 | Closed |
|
|
EWP
31
Engrave Wealth Partners
The Woodlands,
Texas
| – | -$212K | -7,683 | Closed |
|
|
ASN
32
Advisory Services Network
Atlanta,
Georgia
| – | -$110K | -3,960 | Closed |
|
|
IA
33
IFP Advisors
Tampa,
Florida
| – | -$19.1K | -743 | Closed |
|
|
TRCT
34
Tower Research Capital (TRC)
New York
| – | -$11K | -407 | Closed |
|
|
AAS
35
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$3.8K | -136 | Closed |
|
DDIV Hedge Fund Activity: Q2 2023 in Review
27 of the 6,369 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 Q2 2023, worth a combined $29.8M — up 37% from $21.7M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of DDIV and 1 opened new positions — a net loss of 7 holders — while 11 trimmed existing stakes and 9 added.
The largest buyer was Commonwealth Equity Services, adding an estimated $1.18M. The largest seller was LPL Financial, cutting an estimated $1.42M.
- 27 institutional investors held First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) as of Q2 2023, down from 34 in Q1 2023.
- Funds reported $29.8M of First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF stock for Q2 2023, up 37% quarter-over-quarter.
- 1 fund opened new First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF positions in Q2 2023 and 8 closed out, a net change of -7 holders.
- The largest First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF buyer in Q2 2023 was Commonwealth Equity Services, an estimated $1.18M added.
- The largest First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF seller in Q2 2023 was LPL Financial, an estimated $1.42M sold.
Based on aggregated 13F filings for Q2 2023.