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First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF

20 hedge funds and large institutions have $16.9M invested in First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF in 2020 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 4 increasing their positions, 4 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 6

0% more funds holding

Funds holding: 2020 (0)

0% more repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 4

3.76% less ownership

Funds ownership: 57.75%53.99% (-3.8%)

46% less capital invested

Capital invested by funds: $31.5M → $16.9M (-$14.5M)

Holders
20
Holders Change
Holders Change %
0%
% of All Funds
0.44%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
4
Reduced
4
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MML Investors Services
1
MML Investors Services
Massachusetts
$7.25M -$3.97M -163,118 -29%
LPL Financial
2
LPL Financial
California
$4.42M +$504K +20,702 +9%
Bank of America
3
Bank of America
North Carolina
$1.8M -$219K -8,992 -8%
AWM
4
Affinity Wealth Management
Delaware
$766K +$979K +40,179 New
MIAN
5
Mariner Independent Advisor Network
Kansas
$621K +$905K +37,142 New
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$463K +$544K +22,318 +637%
Susquehanna International Group
7
Susquehanna International Group
Pennsylvania
$346K +$471K +19,338 New
Morgan Stanley
8
Morgan Stanley
New York
$304K +$9.92K +407 +2%
Truist Financial
9
Truist Financial
North Carolina
$301K -$3.49M -143,160 -90%
RJA
10
Raymond James & Associates
Florida
$234K +$319K +13,081 New
Rockefeller Capital Management
11
Rockefeller Capital Management
New York
$200K -$517K -21,205 -66%
SPIA
12
Steward Partners Investment Advisory
New York
$115K
Osaic Holdings
13
Osaic Holdings
Arizona
$53K +$73.5K +3,017 New
AIC
14
Ameritas Investment Company
Nebraska
$22K +$31.4K +1,289 New
UBS Group
15
UBS Group
Switzerland
$14K +$19.3K +790 New
TRCT
16
Tower Research Capital (TRC)
New York
$10K +$8.72K +358 +158%
CFGS
17
Concourse Financial Group Securities
Alabama
$9K
PNC Financial Services Group
18
PNC Financial Services Group
Pennsylvania
$3K
Citadel Advisors
19
Citadel Advisors
Florida
-$376K -14,170 Closed
SPC
20
Sigma Planning Corp
Michigan
-$329K -12,381 Closed
Jane Street
21
Jane Street
New York
-$268K -10,089 Closed
Cambridge Investment Research Advisors
22
Cambridge Investment Research Advisors
Iowa
-$229K -8,637 Closed
Janney Montgomery Scott
23
Janney Montgomery Scott
Pennsylvania
-$202K -7,613 Closed
GWM
24
Geneos Wealth Management
Colorado
-$127K -4,800 Closed
DWM
25
Darwin Wealth Management
Florida
+$658 +27 New

DDIV Hedge Fund Activity: Q1 2020 in Review

20 of the 4,538 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 2020, worth a combined $16.9M — down 46% from $31.5M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new DDIV positions and 6 closed out — a net gain of 2 holders — while 4 added to existing stakes and 4 trimmed.

The largest buyer was Affinity Wealth Management, opening a new position worth an estimated $979K. The largest seller was MML Investors Services, cutting an estimated $3.97M.

  • 20 institutional investors held First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) as of Q1 2020, unchanged from Q4 2019.
  • Funds reported $16.9M of First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF stock for Q1 2020, down 46% quarter-over-quarter.
  • 8 funds opened new First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF positions in Q1 2020 and 6 closed out, a net change of +2 holders.
  • The largest First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF buyer in Q1 2020 was Affinity Wealth Management, an estimated $979K added.
  • The largest First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF seller in Q1 2020 was MML Investors Services, an estimated $3.97M sold.

Based on aggregated 13F filings for Q1 2020.