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

31 hedge funds and large institutions have $45.4M invested in First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF in 2022 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 7 increasing their positions, 4 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 4

63% more capital invested

Capital invested by funds: $27.8M → $45.4M (+$17.6M)

22% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 9

10.16% more ownership

Funds ownership: 51.28%61.44% (+10%)

7% more funds holding

Funds holding: 2931 (+2)

Holders
31
Holders Change
+2
Holders Change %
+6.9%
% of All Funds
0.49%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
11
Increased
7
Reduced
4
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
EWP
1
Engrave Wealth Partners
Texas
$14.6M +$14.3M +433,889 New
Commonwealth Equity Services
2
Commonwealth Equity Services
Massachusetts
$11.3M +$293K +8,882 +3%
LPL Financial
3
LPL Financial
California
$7.29M +$5.47M +165,809 +324%
RJFSA
4
Raymond James Financial Services Advisors
Florida
$1.84M -$603K -18,275 -25%
Osaic Holdings
5
Osaic Holdings
Arizona
$1.46M +$215K +6,513 +18%
PAG
6
Private Advisory Group
Washington
$1.11M +$1.1M +33,230 New
Bank of America
7
Bank of America
North Carolina
$1M +$337K +10,227 +52%
Morgan Stanley
8
Morgan Stanley
New York
$903K -$19.1K -580 -2%
PAG
9
Private Advisor Group
New Jersey
$789K +$776K +23,520 New
MML Investors Services
10
MML Investors Services
Massachusetts
$560K -$325K -9,857 -37%
KA
11
Kovack Advisors
Florida
$554K +$117K +3,546 +27%
ASN
12
Advisory Services Network
Georgia
$547K
Cambridge Investment Research Advisors
13
Cambridge Investment Research Advisors
Iowa
$522K -$719K -21,801 -58%
CAN
14
Cetera Advisor Networks
California
$476K +$66.1K +2,004 +16%
JWCA
15
J.W. Cole Advisors
Florida
$405K +$398K +12,064 New
IA
16
Insight Advisors
Pennsylvania
$364K +$358K +10,839 New
Janney Montgomery Scott
17
Janney Montgomery Scott
Pennsylvania
$297K
AWE
18
Avidian Wealth Enterprises
Texas
$271K
WWM
19
Western Wealth Management
Colorado
$268K +$264K +8,000 New
MCC
20
Money Concepts Capital
Florida
$265K +$261K +7,906 New
CCA
21
Cottonwood Capital Advisors
Utah
$216K
LFAS
22
Level Four Advisory Services
Texas
$203K
MIM
23
MTM Investment Management
South Carolina
$70K
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$34K +$15.6K +472 +85%
NFSG
25
Newbridge Financial Services Group
Florida
$25K

DDIV Hedge Fund Activity: Q1 2022 in Review

31 of the 6,340 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 2022, worth a combined $45.4M — up 63% from $27.8M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new DDIV positions and 9 closed out — a net gain of 2 holders — while 7 added to existing stakes and 4 trimmed.

The largest buyer was Engrave Wealth Partners, opening a new position worth an estimated $14.3M. The largest seller was Goldman Sachs, exiting entirely with an estimated $1.49M sold.

  • 31 institutional investors held First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) as of Q1 2022, up from 29 in Q4 2021.
  • Funds reported $45.4M of First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF stock for Q1 2022, up 63% quarter-over-quarter.
  • 11 funds opened new First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF positions in Q1 2022 and 9 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 2022 was Engrave Wealth Partners, an estimated $14.3M added.
  • The largest First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF seller in Q1 2022 was Goldman Sachs, an estimated $1.49M sold.

Based on aggregated 13F filings for Q1 2022.