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First Trust Rising Dividend Achievers ETF
RDVY

539 hedge funds and large institutions have $7.53B invested in First Trust Rising Dividend Achievers ETF in 2024 Q2 according to their latest regulatory filings, with 48 funds opening new positions, 255 increasing their positions, 171 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 30

49% more repeat investments, than reductions

Existing positions increased: 255 | Existing positions reduced: 171

6% more funds holding in top 10

Funds holding in top 10: 48 → 51 (+3)

1% more funds holding

Funds holding: 532 → 539 (+7)

1% less capital invested

Capital invested by funds: $7.57B → $7.53B (-$46.1M)

3.6% less ownership

Funds ownership: 74.19% → 70.59% (-3.6%)

Holders
539
Holders Change
+7
Holders Change %
+1.32%
% of All Funds
7.78%
Holding in Top 10
51
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+6.25%
% of All Funds
0.74%
New
48
Increased
255
Reduced
171
Closed
30
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
RJFSA
Raymond James Financial Services Advisors
Florida
+$59.3M
2
Morgan Stanley
Morgan Stanley
New York
+$47.9M
3
LPL Financial
LPL Financial
California
+$37.6M
4
Ameriprise
Ameriprise
Minnesota
+$24.7M
5
Bank of America
Bank of America
North Carolina
+$22.3M

Top Sellers

1
GAA
Global Assets Advisory
Florida
-$75.5M
2
FTS
Fifth Third Securities
Ohio
-$31.1M
3
JP Morgan Chase
JP Morgan Chase
New York
-$18.4M
4
FAIM
Financial Advocates Investment Management
Washington
-$9.84M
5
Osaic Holdings
Osaic Holdings
Arizona
-$9M
Name Holding Trade Value Shares
Change 		Change in
Stake
LPL Financial
1
LPL Financial
California
$1.06B +$37.6M +687,098 +4%
Morgan Stanley
2
Morgan Stanley
New York
$819M +$47.9M +875,290 +6%
Wells Fargo
3
Wells Fargo
California
$480M +$11.4M +207,758 +2%
RJFSA
4
Raymond James Financial Services Advisors
Florida
$376M +$59.3M +1,084,117 +19%
Bank of America
5
Bank of America
North Carolina
$277M +$22.3M +408,051 +9%
Commonwealth Equity Services
6
Commonwealth Equity Services
Massachusetts
$254M +$11.5M +210,398 +5%
Ameriprise
7
Ameriprise
Minnesota
$246M +$24.7M +451,807 +11%
UBS Group
8
UBS Group
Switzerland
$227M +$15.6M +284,514 +7%
Envestnet Asset Management
9
Envestnet Asset Management
Illinois
$176M +$8.69M +159,003 +5%
Osaic Holdings
10
Osaic Holdings
Arizona
$164M -$9M -164,551 -5%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$160M +$12.6M +229,803 +9%
RJA
12
Raymond James & Associates
Florida
$154M +$3.51M +64,200 +2%
KAS
13
Kestra Advisory Services
Texas
$139M +$163K +2,985 +0.1%
Cetera Investment Advisers
14
Cetera Investment Advisers
Illinois
$137M +$12.7M +232,129 +10%
Cambridge Investment Research Advisors
15
Cambridge Investment Research Advisors
Iowa
$106M +$2.94M +53,693 +3%
Northwestern Mutual Wealth Management
16
Northwestern Mutual Wealth Management
Wisconsin
$102M +$3.88M +71,047 +4%
Stifel Financial
17
Stifel Financial
Missouri
$89.8M +$3.97M +72,701 +5%
PAG
18
Private Advisor Group
New Jersey
$88.2M +$3.23M +59,099 +4%
CAG
19
Csenge Advisory Group
Florida
$59.9M +$3.98M +72,712 +7%
MML Investors Services
20
MML Investors Services
Massachusetts
$57.8M +$7.38M +134,925 +15%
PNC Financial Services Group
21
PNC Financial Services Group
Pennsylvania
$54.4M +$887K +16,228 +2%
EH
22
Equitable Holdings
New York
$51.6M +$763K +13,962 +2%
IWC
23
Integrated Wealth Concepts
Massachusetts
$50.1M +$1.11M +20,293 +2%
PFS
24
Prospera Financial Services
Texas
$47.3M +$2.07M +37,791 +5%
HighTower Advisors
25
HighTower Advisors
Illinois
$47.1M +$2.14M +39,189 +5%
1
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RDVY Hedge Fund Activity: Q2 2024 in Review

539 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in First Trust Rising Dividend Achievers ETF (RDVY) for Q2 2024, worth a combined $7.53B — down 0.61% from $7.57B a quarter earlier.

Buyers outnumbered sellers: 48 funds opened new RDVY positions and 30 closed out — a net gain of 18 holders — while 255 added to existing stakes and 171 trimmed.

The largest buyer was Raymond James Financial Services Advisors, adding an estimated $59.3M. The largest seller was Global Assets Advisory, exiting entirely with an estimated $75.5M sold.

  • 539 institutional investors held First Trust Rising Dividend Achievers ETF (RDVY) as of Q2 2024, up from 532 in Q1 2024.
  • Funds reported $7.53B of First Trust Rising Dividend Achievers ETF stock for Q2 2024, down 0.61% quarter-over-quarter.
  • 48 funds opened new First Trust Rising Dividend Achievers ETF positions in Q2 2024 and 30 closed out, a net change of +18 holders.
  • The largest First Trust Rising Dividend Achievers ETF buyer in Q2 2024 was Raymond James Financial Services Advisors, an estimated $59.3M added.
  • The largest First Trust Rising Dividend Achievers ETF seller in Q2 2024 was Global Assets Advisory, an estimated $75.5M sold.

Based on aggregated 13F filings for Q2 2024.