First Trust Rising Dividend Achievers ETF
RDVY
409 hedge funds and large institutions have $5B invested in First Trust Rising Dividend Achievers ETF in 2022 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 183 increasing their positions, 163 reducing their positions, and 25 closing their positions.
24% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 25
12% more repeat investments, than reductions
Existing positions increased: 183 | Existing positions reduced: 163
0% more funds holding
Funds holding: 407 → 409 (+2)
0.46% less ownership
Funds ownership: 68.75% → 68.29% (-0.46%)
4% less funds holding in top 10
Funds holding in top 10: 48 → 46 (-2)
9% less capital invested
Capital invested by funds: $5.48B → $5B (-$480M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SWMG
Sanchez Wealth Management Group
Jacksonville,
Florida
|
+$8.34M |
| 2 |
AF
Allworth Financial
Folsom,
California
|
+$7.51M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$7.03M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$5.76M |
| 5 |
WCFA
Walkner Condon Financial Advisors
Madison,
Wisconsin
|
+$5.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$43.1M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$32M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$29.2M |
| 4 |
Morgan Stanley
New York
|
-$28.5M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$25.2M |
RDVY Hedge Fund Activity: Q3 2022 in Review
409 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in First Trust Rising Dividend Achievers ETF (RDVY) for Q3 2022, worth a combined $5B — down 8.8% from $5.48B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new RDVY positions and 25 closed out — a net gain of 6 holders — while 183 added to existing stakes and 163 trimmed.
The largest buyer was Sanchez Wealth Management Group, adding an estimated $8.34M. The largest seller was Ameriprise, cutting an estimated $43.1M.
- 409 institutional investors held First Trust Rising Dividend Achievers ETF (RDVY) as of Q3 2022, up from 407 in Q2 2022.
- Funds reported $5B of First Trust Rising Dividend Achievers ETF stock for Q3 2022, down 8.8% quarter-over-quarter.
- 31 funds opened new First Trust Rising Dividend Achievers ETF positions in Q3 2022 and 25 closed out, a net change of +6 holders.
- The largest First Trust Rising Dividend Achievers ETF buyer in Q3 2022 was Sanchez Wealth Management Group, an estimated $8.34M added.
- The largest First Trust Rising Dividend Achievers ETF seller in Q3 2022 was Ameriprise, an estimated $43.1M sold.
Based on aggregated 13F filings for Q3 2022.