First Trust Exchange-Traded Fund VI First Trust S&P 500 Diversified Dividend Aristocrats ETF
KNGZ
12 hedge funds and large institutions have $13.2M invested in First Trust Exchange-Traded Fund VI First Trust S&P 500 Diversified Dividend Aristocrats ETF in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 7 reducing their positions, and 4 closing their positions.
0.61% less ownership
Funds ownership: 51.83% → 51.21% (-0.61%)
20% less funds holding
Funds holding: 15 → 12 (-3)
34% less capital invested
Capital invested by funds: $20.2M → $13.2M (-$6.96M)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
71% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$324K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$227K |
| 3 |
PPP
Private Portfolio Partners
Paramus,
New Jersey
|
+$29.8K |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$28 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
M1FG
Mach-1 Financial Group
Rogers,
Arkansas
|
-$6.95M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$240K |
| 3 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
-$216K |
| 4 |
CWM
Collaborative Wealth Management
Lake Mary,
Florida
|
-$112K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$29.7K |
KNGZ Hedge Fund Activity: Q2 2023 in Review
12 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Exchange-Traded Fund VI First Trust S&P 500 Diversified Dividend Aristocrats ETF (KNGZ) for Q2 2023, worth a combined $13.2M — down 34% from $20.2M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of KNGZ and 2 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 2 added.
The largest buyer was LPL Financial, adding an estimated $324K. The largest seller was Mach-1 Financial Group, exiting entirely with an estimated $6.95M sold.
- 12 institutional investors held First Trust Exchange-Traded Fund VI First Trust S&P 500 Diversified Dividend Aristocrats ETF (KNGZ) as of Q2 2023, down from 15 in Q1 2023.
- Funds reported $13.2M of First Trust Exchange-Traded Fund VI First Trust S&P 500 Diversified Dividend Aristocrats ETF stock for Q2 2023, down 34% quarter-over-quarter.
- 2 funds opened new First Trust Exchange-Traded Fund VI First Trust S&P 500 Diversified Dividend Aristocrats ETF positions in Q2 2023 and 4 closed out, a net change of -2 holders.
- The largest First Trust Exchange-Traded Fund VI First Trust S&P 500 Diversified Dividend Aristocrats ETF buyer in Q2 2023 was LPL Financial, an estimated $324K added.
- The largest First Trust Exchange-Traded Fund VI First Trust S&P 500 Diversified Dividend Aristocrats ETF seller in Q2 2023 was Mach-1 Financial Group, an estimated $6.95M sold.
Based on aggregated 13F filings for Q2 2023.