First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF
DDIV
26 hedge funds and large institutions have $25.3M invested in First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF in 2023 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 10 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
4% more funds holding
Funds holding: 25 → 26 (+1)
2% more capital invested
Capital invested by funds: $24.8M → $25.3M (+$457K)
0.14% less ownership
Funds ownership: 59.56% → 59.42% (-0.14%)
40% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$383K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$245K |
| 3 |
VCM
Virtue Capital Management
Brentwood,
Tennessee
|
+$242K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$225K |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$210K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KNW
Kesler Norman & Wride
Ogden,
Utah
|
-$1.7M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$532K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$420K |
| 4 |
LPL Financial
San Diego,
California
|
-$191K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$135K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Wells Fargo
San Francisco,
California
| $40 | -$24.1K | -850 | -100% |
|
|
KNW
27
Kesler Norman & Wride
Ogden,
Utah
| – | -$1.7M | -61,096 | Closed |
|
|
RJFSA
28
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$532K | -19,133 | Closed |
|
|
29
Citadel Advisors
Miami,
Florida
| – | -$420K | -15,114 | Closed |
|
|
RIA
30
Realta Investment Advisors
Wilmington,
Delaware
| – | -$74.6K | -2,632 | Closed |
|
31
AssetMark Inc
Concord,
California
| – | -$13.9K | -501 | Closed |
|
DDIV Hedge Fund Activity: Q4 2023 in Review
26 of the 6,859 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 Q4 2023, worth a combined $25.3M — up 1.8% from $24.8M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new DDIV positions and 5 closed out — a net gain of 1 holder — while 6 added to existing stakes and 10 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $383K. The largest seller was Kesler Norman & Wride, exiting entirely with an estimated $1.7M sold.
- 26 institutional investors held First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) as of Q4 2023, up from 25 in Q3 2023.
- Funds reported $25.3M of First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF stock for Q4 2023, up 1.8% quarter-over-quarter.
- 6 funds opened new First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF positions in Q4 2023 and 5 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 Q4 2023 was Morgan Stanley, an estimated $383K added.
- The largest First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF seller in Q4 2023 was Kesler Norman & Wride, an estimated $1.7M sold.
Based on aggregated 13F filings for Q4 2023.