First Trust Rising Dividend Achievers ETF
RDVY
539 hedge funds and large institutions have $7.53B invested in First Trust Rising Dividend Achievers ETF in 2024 Q2 according to their latest regulatory filings, with 48 funds opening new positions, 255 increasing their positions, 171 reducing their positions, and 30 closing their positions.
60% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 30
49% more repeat investments, than reductions
Existing positions increased: 255 | Existing positions reduced: 171
6% more funds holding in top 10
Funds holding in top 10: 48 → 51 (+3)
1% more funds holding
Funds holding: 532 → 539 (+7)
1% less capital invested
Capital invested by funds: $7.57B → $7.53B (-$46.1M)
3.6% less ownership
Funds ownership: 74.19% → 70.59% (-3.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$59.3M |
| 2 |
Morgan Stanley
New York
|
+$47.9M |
| 3 |
LPL Financial
San Diego,
California
|
+$37.6M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$24.7M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$22.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAA
Global Assets Advisory
Orlando,
Florida
|
-$75.5M |
| 2 |
FTS
Fifth Third Securities
Cincinnati,
Ohio
|
-$31.1M |
| 3 |
JP Morgan Chase
New York
|
-$18.4M |
| 4 |
FAIM
Financial Advocates Investment Management
Olympia,
Washington
|
-$9.84M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$9M |
RDVY Hedge Fund Activity: Q2 2024 in Review
539 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in First Trust Rising Dividend Achievers ETF (RDVY) for Q2 2024, worth a combined $7.53B — down 0.61% from $7.57B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new RDVY positions and 30 closed out — a net gain of 18 holders — while 255 added to existing stakes and 171 trimmed.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $59.3M. The largest seller was Global Assets Advisory, exiting entirely with an estimated $75.5M sold.
- 539 institutional investors held First Trust Rising Dividend Achievers ETF (RDVY) as of Q2 2024, up from 532 in Q1 2024.
- Funds reported $7.53B of First Trust Rising Dividend Achievers ETF stock for Q2 2024, down 0.61% quarter-over-quarter.
- 48 funds opened new First Trust Rising Dividend Achievers ETF positions in Q2 2024 and 30 closed out, a net change of +18 holders.
- The largest First Trust Rising Dividend Achievers ETF buyer in Q2 2024 was Raymond James Financial Services Advisors, an estimated $59.3M added.
- The largest First Trust Rising Dividend Achievers ETF seller in Q2 2024 was Global Assets Advisory, an estimated $75.5M sold.
Based on aggregated 13F filings for Q2 2024.