ALPS Dynamic US Dividend Advantage ETF
RFDA
24 hedge funds and large institutions have $2.18B invested in ALPS Dynamic US Dividend Advantage ETF in 2024 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 5 reducing their positions, and 2 closing their positions.
3,085% more capital invested
Capital invested by funds: $68.4M → $2.18B (+$2.11B)
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
140% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 5
11.58% more ownership
Funds ownership: 89.8% → 101.38% (+12%)
9% more funds holding
Funds holding: 22 → 24 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$1.74M |
| 2 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$1.26M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$721K |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
+$694K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$671K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Elevated Capital Advisors
Sandy,
Utah
|
-$189K |
| 2 |
Koshinski Asset Management
Decatur,
Illinois
|
-$115K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$52.4K |
| 4 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$6.79K |
| 5 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$3.34K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| – | -$2.93K | -53 | Closed |
|
RFDA Hedge Fund Activity: Q4 2024 in Review
24 of the 7,593 institutional investors tracked by Wall St. Rank reported a position in ALPS Dynamic US Dividend Advantage ETF (RFDA) for Q4 2024, worth a combined $2.18B — up 3,085% from $68.4M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new RFDA positions and 2 closed out — a net gain of 4 holders — while 12 added to existing stakes and 5 trimmed.
The largest buyer was RiverFront Investment Group, adding an estimated $1.74M. The largest seller was Elevated Capital Advisors, cutting an estimated $189K.
- 24 institutional investors held ALPS Dynamic US Dividend Advantage ETF (RFDA) as of Q4 2024, up from 22 in Q3 2024.
- Funds reported $2.18B of ALPS Dynamic US Dividend Advantage ETF stock for Q4 2024, up 3,085% quarter-over-quarter.
- 6 funds opened new ALPS Dynamic US Dividend Advantage ETF positions in Q4 2024 and 2 closed out, a net change of +4 holders.
- The largest ALPS Dynamic US Dividend Advantage ETF buyer in Q4 2024 was RiverFront Investment Group, an estimated $1.74M added.
- The largest ALPS Dynamic US Dividend Advantage ETF seller in Q4 2024 was Elevated Capital Advisors, an estimated $189K sold.
Based on aggregated 13F filings for Q4 2024.