First Trust Rising Dividend Achievers ETF
RDVY
98 hedge funds and large institutions have $428M invested in First Trust Rising Dividend Achievers ETF in 2019 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 49 increasing their positions, 27 reducing their positions, and 9 closing their positions.
81% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 27
67% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 9
8% more capital invested
Capital invested by funds: $395M → $428M (+$33.2M)
3% more funds holding
Funds holding: 95 → 98 (+3)
1.56% more ownership
Funds ownership: 54.21% → 55.77% (+1.6%)
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
|
+$13M |
| 2 |
AI
Atria Investments
Charlotte,
North Carolina
|
+$6.18M |
| 3 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
+$5.43M |
| 4 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$2.94M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$9.29M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.4M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$2.74M |
| 4 |
GVAG
Great Valley Advisor Group
Wilmington,
Delaware
|
-$2.32M |
| 5 |
FFN
Focus Financial Network
Minneapolis,
Minnesota
|
-$1.6M |
RDVY Hedge Fund Activity: Q2 2019 in Review
98 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in First Trust Rising Dividend Achievers ETF (RDVY) for Q2 2019, worth a combined $428M — up 8.4% from $395M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new RDVY positions and 9 closed out — a net gain of 6 holders — while 49 added to existing stakes and 27 trimmed.
The largest buyer was Bank of America, adding an estimated $13M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $9.29M.
- 98 institutional investors held First Trust Rising Dividend Achievers ETF (RDVY) as of Q2 2019, up from 95 in Q1 2019.
- Funds reported $428M of First Trust Rising Dividend Achievers ETF stock for Q2 2019, up 8.4% quarter-over-quarter.
- 15 funds opened new First Trust Rising Dividend Achievers ETF positions in Q2 2019 and 9 closed out, a net change of +6 holders.
- The largest First Trust Rising Dividend Achievers ETF buyer in Q2 2019 was Bank of America, an estimated $13M added.
- The largest First Trust Rising Dividend Achievers ETF seller in Q2 2019 was Raymond James Financial Services Advisors, an estimated $9.29M sold.
Based on aggregated 13F filings for Q2 2019.