First Trust Rising Dividend Achievers ETF
RDVY
45 hedge funds and large institutions have $139M invested in First Trust Rising Dividend Achievers ETF in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 34 increasing their positions, 6 reducing their positions, and 6 closing their positions.
467% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 6
40% more capital invested
Capital invested by funds: $99.7M → $139M (+$39.4M)
3.6% more ownership
Funds ownership: 47.64% → 51.24% (+3.6%)
6% less funds holding
Funds holding: 48 → 45 (-3)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
+$12.8M |
| 2 |
Morgan Stanley
New York
|
+$9.04M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$3.9M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$2.1M |
| 5 |
LPL Financial
San Diego,
California
|
+$2.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GRP
Global Retirement Partners
San Rafael,
California
|
-$699K |
| 2 |
Goldman Sachs
New York
|
-$626K |
| 3 |
NPC
National Planning Corporation
El Segundo,
California
|
-$589K |
| 4 |
NWM
Northwest Wealth Management
Spencer,
Iowa
|
-$264K |
| 5 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
-$117K |
RDVY Hedge Fund Activity: Q3 2017 in Review
45 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in First Trust Rising Dividend Achievers ETF (RDVY) for Q3 2017, worth a combined $139M — up 40% from $99.7M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of RDVY and 4 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 34 added.
The largest buyer was Aviance Capital Management, opening a new position worth an estimated $12.8M. The largest seller was Global Retirement Partners, exiting entirely with an estimated $699K sold.
- 45 institutional investors held First Trust Rising Dividend Achievers ETF (RDVY) as of Q3 2017, down from 48 in Q2 2017.
- Funds reported $139M of First Trust Rising Dividend Achievers ETF stock for Q3 2017, up 40% quarter-over-quarter.
- 4 funds opened new First Trust Rising Dividend Achievers ETF positions in Q3 2017 and 6 closed out, a net change of -2 holders.
- The largest First Trust Rising Dividend Achievers ETF buyer in Q3 2017 was Aviance Capital Management, an estimated $12.8M added.
- The largest First Trust Rising Dividend Achievers ETF seller in Q3 2017 was Global Retirement Partners, an estimated $699K sold.
Based on aggregated 13F filings for Q3 2017.