First Trust Rising Dividend Achievers ETF
RDVY
532 hedge funds and large institutions have $7.57B invested in First Trust Rising Dividend Achievers ETF in 2024 Q1 according to their latest regulatory filings, with 63 funds opening new positions, 244 increasing their positions, 181 reducing their positions, and 31 closing their positions.
103% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 31
35% more repeat investments, than reductions
Existing positions increased: 244 | Existing positions reduced: 181
7% more funds holding in top 10
Funds holding in top 10: 45 → 48 (+3)
6% more capital invested
Capital invested by funds: $7.15B → $7.57B (+$422M)
6% more funds holding
Funds holding: 504 → 532 (+28)
3.71% less ownership
Funds ownership: 77.9% → 74.19% (-3.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAA
Global Assets Advisory
Orlando,
Florida
|
+$217M |
| 2 |
LPL Financial
San Diego,
California
|
+$97.8M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$76.1M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$31.2M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$30.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$630M |
| 2 |
ACM
Advance Capital Management
Southfield,
Michigan
|
-$112M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$24.5M |
| 4 |
FA
FDx Advisors
Chicago,
Illinois
|
-$19.5M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$12.7M |
RDVY Hedge Fund Activity: Q1 2024 in Review
532 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Trust Rising Dividend Achievers ETF (RDVY) for Q1 2024, worth a combined $7.57B — up 5.9% from $7.15B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new RDVY positions and 31 closed out — a net gain of 32 holders — while 244 added to existing stakes and 181 trimmed.
The largest buyer was Global Assets Advisory, adding an estimated $217M. The largest seller was Morgan Stanley, cutting an estimated $630M.
- 532 institutional investors held First Trust Rising Dividend Achievers ETF (RDVY) as of Q1 2024, up from 504 in Q4 2023.
- Funds reported $7.57B of First Trust Rising Dividend Achievers ETF stock for Q1 2024, up 5.9% 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 Global Assets Advisory, an estimated $217M added.
- The largest First Trust Rising Dividend Achievers ETF seller in Q1 2024 was Morgan Stanley, an estimated $630M sold.
Based on aggregated 13F filings for Q1 2024.