First Trust Rising Dividend Achievers ETF
RDVY
533 hedge funds and large institutions have $7.51B invested in First Trust Rising Dividend Achievers ETF in 2024 Q1 according to their latest regulatory filings, with 63 funds opening new positions, 243 increasing their positions, 182 reducing their positions, and 31 closing their positions.
103% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 31
34% more repeat investments, than reductions
Existing positions increased: 243 | Existing positions reduced: 182
16% more capital invested
Capital invested by funds: $6.48B → $7.51B (+$1.03B)
7% more funds holding in top 10
Funds holding in top 10: 45 → 48 (+3)
6% more funds holding
Funds holding: 505 → 533 (+28)
1.39% more ownership
Funds ownership: 70.64% → 72.03% (+1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$97.8M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$76.1M |
| 3 |
Morgan Stanley
New York
|
+$54.6M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$31.2M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$30.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Advance Capital Management
Southfield,
Michigan
|
-$112M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$24.5M |
| 3 |
FA
FDx Advisors
Chicago,
Illinois
|
-$19.5M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$12.7M |
| 5 |
LCWP
Legacy Capital Wealth Partners
Little Rock,
Arkansas
|
-$11.9M |
RDVY Hedge Fund Activity: Q1 2024 in Review
533 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in First Trust Rising Dividend Achievers ETF (RDVY) for Q1 2024, worth a combined $7.51B — up 16% from $6.48B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new RDVY positions and 31 closed out — a net gain of 32 holders — while 243 added to existing stakes and 182 trimmed.
The largest buyer was LPL Financial, adding an estimated $97.8M. The largest seller was Advance Capital Management, cutting an estimated $112M.
- 533 institutional investors held First Trust Rising Dividend Achievers ETF (RDVY) as of Q1 2024, up from 505 in Q4 2023.
- Funds reported $7.51B of First Trust Rising Dividend Achievers ETF stock for Q1 2024, up 16% quarter-over-quarter.
- 63 funds opened new First Trust Rising Dividend Achievers ETF positions in Q1 2024 and 31 closed out, a net change of +32 holders.
- The largest First Trust Rising Dividend Achievers ETF buyer in Q1 2024 was LPL Financial, an estimated $97.8M added.
- The largest First Trust Rising Dividend Achievers ETF seller in Q1 2024 was Advance Capital Management, an estimated $112M sold.
Based on aggregated 13F filings for Q1 2024.