First Trust Rising Dividend Achievers ETF
RDVY
95 hedge funds and large institutions have $396M invested in First Trust Rising Dividend Achievers ETF in 2019 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 47 increasing their positions, 22 reducing their positions, and 7 closing their positions.
143% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 7
114% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 22
29% more capital invested
Capital invested by funds: $307M → $396M (+$89.4M)
12% more funds holding
Funds holding: 85 → 95 (+10)
2.36% more ownership
Funds ownership: 51.85% → 54.21% (+2.4%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$12M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$10.2M |
| 3 |
LPL Financial
San Diego,
California
|
+$6.82M |
| 4 |
GVAG
Great Valley Advisor Group
Wilmington,
Delaware
|
+$5.91M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$5.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
-$4.91M |
| 2 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$4.7M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.23M |
| 4 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$1.15M |
| 5 |
NFG
Next Financial Group
Houston,
Texas
|
-$1.07M |
RDVY Hedge Fund Activity: Q1 2019 in Review
95 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in First Trust Rising Dividend Achievers ETF (RDVY) for Q1 2019, worth a combined $396M — up 29% from $307M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new RDVY positions and 7 closed out — a net gain of 10 holders — while 47 added to existing stakes and 22 trimmed.
The largest buyer was Bank of America, adding an estimated $12M. The largest seller was Kovack Advisors, exiting entirely with an estimated $4.91M sold.
- 95 institutional investors held First Trust Rising Dividend Achievers ETF (RDVY) as of Q1 2019, up from 85 in Q4 2018.
- Funds reported $396M of First Trust Rising Dividend Achievers ETF stock for Q1 2019, up 29% quarter-over-quarter.
- 17 funds opened new First Trust Rising Dividend Achievers ETF positions in Q1 2019 and 7 closed out, a net change of +10 holders.
- The largest First Trust Rising Dividend Achievers ETF buyer in Q1 2019 was Bank of America, an estimated $12M added.
- The largest First Trust Rising Dividend Achievers ETF seller in Q1 2019 was Kovack Advisors, an estimated $4.91M sold.
Based on aggregated 13F filings for Q1 2019.