First Trust Rising Dividend Achievers ETF
RDVY
100 hedge funds and large institutions have $451M invested in First Trust Rising Dividend Achievers ETF in 2019 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 47 increasing their positions, 32 reducing their positions, and 11 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 32
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
5% more capital invested
Capital invested by funds: $428M → $451M (+$22.9M)
2% more funds holding
Funds holding: 98 → 100 (+2)
1.33% less ownership
Funds ownership: 55.77% → 54.44% (-1.3%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$10.6M |
| 2 |
LPL Financial
San Diego,
California
|
+$3.18M |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$2.43M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$2.3M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$2.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Atria Investments
Charlotte,
North Carolina
|
-$6.07M |
| 2 |
Jane Street
New York
|
-$2.44M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$2.42M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$2.17M |
| 5 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
-$1.5M |
RDVY Hedge Fund Activity: Q3 2019 in Review
100 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in First Trust Rising Dividend Achievers ETF (RDVY) for Q3 2019, worth a combined $451M — up 5.4% from $428M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new RDVY positions and 11 closed out — a net gain of 2 holders — while 47 added to existing stakes and 32 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $10.6M. The largest seller was Atria Investments, exiting entirely with an estimated $6.07M sold.
- 100 institutional investors held First Trust Rising Dividend Achievers ETF (RDVY) as of Q3 2019, up from 98 in Q2 2019.
- Funds reported $451M of First Trust Rising Dividend Achievers ETF stock for Q3 2019, up 5.4% quarter-over-quarter.
- 13 funds opened new First Trust Rising Dividend Achievers ETF positions in Q3 2019 and 11 closed out, a net change of +2 holders.
- The largest First Trust Rising Dividend Achievers ETF buyer in Q3 2019 was Morgan Stanley, an estimated $10.6M added.
- The largest First Trust Rising Dividend Achievers ETF seller in Q3 2019 was Atria Investments, an estimated $6.07M sold.
Based on aggregated 13F filings for Q3 2019.