First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF
DDIV
25 hedge funds and large institutions have $24.8M invested in First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF in 2023 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 12 reducing their positions, and 7 closing their positions.
2.28% less ownership
Funds ownership: 61.84% → 59.56% (-2.3%)
7% less funds holding
Funds holding: 27 → 25 (-2)
17% less capital invested
Capital invested by funds: $29.8M → $24.8M (-$4.97M)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
67% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KNW
Kesler Norman & Wride
Ogden,
Utah
|
+$1.75M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$356K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$246K |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$215K |
| 5 |
LFAS
Level Four Advisory Services
Dallas,
Texas
|
+$209K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$4.25M |
| 2 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$501K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$487K |
| 4 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
-$384K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$367K |
DDIV Hedge Fund Activity: Q3 2023 in Review
25 of the 6,310 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 Q3 2023, worth a combined $24.8M — down 17% from $29.8M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of DDIV and 5 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 4 added.
The largest buyer was Kesler Norman & Wride, opening a new position worth an estimated $1.75M. The largest seller was LPL Financial, cutting an estimated $4.25M.
- 25 institutional investors held First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) as of Q3 2023, down from 27 in Q2 2023.
- Funds reported $24.8M of First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF stock for Q3 2023, down 17% quarter-over-quarter.
- 5 funds opened new First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF positions in Q3 2023 and 7 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 Q3 2023 was Kesler Norman & Wride, an estimated $1.75M added.
- The largest First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF seller in Q3 2023 was LPL Financial, an estimated $4.25M sold.
Based on aggregated 13F filings for Q3 2023.