ALPS Dynamic US Dividend Advantage ETF
RFDA
29 hedge funds and large institutions have $68.6M invested in ALPS Dynamic US Dividend Advantage ETF in 2023 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 17 reducing their positions, and 2 closing their positions.
0% less capital invested
Capital invested by funds: $68.9M → $68.6M (-$287K)
1.26% less ownership
Funds ownership: 91.36% → 90.1% (-1.3%)
3% less funds holding
Funds holding: 30 → 29 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
82% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$211K |
| 2 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$14.5K |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$10.6K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$10.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$1.02M |
| 2 |
Koshinski Asset Management
Decatur,
Illinois
|
-$744K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$437K |
| 4 |
IFG
Independent Financial Group
San Diego,
California
|
-$396K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$394K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Wells Fargo
San Francisco,
California
| $70.6K | – | – | – |
|
|
27
UBS Group
Zurich,
Switzerland
| $11.9K | +$10.2K | +233 | +932% |
|
28
Morgan Stanley
New York
| $8.53K | – | – | – |
|
29
JP Morgan Chase
New York
| $4.43K | – | – | – |
|
|
IFG
30
Independent Financial Group
San Diego,
California
| – | -$396K | -9,193 | Closed |
|
|
BAM
31
Belpointe Asset Management
Reno,
Nevada
| – | -$336K | -7,798 | Closed |
|
RFDA Hedge Fund Activity: Q2 2023 in Review
29 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in ALPS Dynamic US Dividend Advantage ETF (RFDA) for Q2 2023, worth a combined $68.6M — down 0.42% from $68.9M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of RFDA and 1 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 3 added.
The largest buyer was Flow Traders U.S., opening a new position worth an estimated $211K. The largest seller was RiverFront Investment Group, cutting an estimated $1.02M.
- 29 institutional investors held ALPS Dynamic US Dividend Advantage ETF (RFDA) as of Q2 2023, down from 30 in Q1 2023.
- Funds reported $68.6M of ALPS Dynamic US Dividend Advantage ETF stock for Q2 2023, down 0.42% quarter-over-quarter.
- 1 fund opened new ALPS Dynamic US Dividend Advantage ETF positions in Q2 2023 and 2 closed out, a net change of -1 holder.
- The largest ALPS Dynamic US Dividend Advantage ETF buyer in Q2 2023 was Flow Traders U.S., an estimated $211K added.
- The largest ALPS Dynamic US Dividend Advantage ETF seller in Q2 2023 was RiverFront Investment Group, an estimated $1.02M sold.
Based on aggregated 13F filings for Q2 2023.