ALPS Dynamic US Dividend Advantage ETF
RFDA
5 hedge funds and large institutions have $3.32M invested in ALPS Dynamic US Dividend Advantage ETF in 2016 Q3 according to their latest regulatory filings, with 5 funds opening new positions, increasing their positions, reducing their positions, and 1 closing their positions.
400% more funds holding
Funds holding: 1 → 5 (+4)
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
278% more capital invested
Capital invested by funds: $878K → $3.32M (+$2.44M)
25.2% more ownership
Funds ownership: 17.4% → 42.6% (+25%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$887K |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$856K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$829K |
| 4 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$726K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$7.45K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$878K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RIG
1
RiverFront Investment Group
Richmond,
Virginia
| $890K | +$887K | +34,276 | New |
|
|
2
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| $861K | +$856K | +33,105 | New |
|
|
3
Royal Bank of Canada
Toronto,
Ontario, Canada
| $834K | +$829K | +32,062 | New |
|
|
BTS
4
BB&T Securities
Richmond,
Virginia
| $729K | +$726K | +28,068 | New |
|
|
5
UBS Group
Zurich,
Switzerland
| $7K | +$7.45K | +288 | New |
|
|
VKH
6
Virtu KCG Holdings
New York
| – | -$878K | -34,795 | Closed |
|
RFDA Hedge Fund Activity: Q3 2016 in Review
5 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in ALPS Dynamic US Dividend Advantage ETF (RFDA) for Q3 2016, worth a combined $3.32M — up 278% from $878K a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new RFDA positions and 1 closed out — a net gain of 4 holders — while 0 added to existing stakes and 0 trimmed.
The largest buyer was RiverFront Investment Group, opening a new position worth an estimated $887K. The largest seller was Virtu KCG Holdings, exiting entirely with an estimated $878K sold.
- 5 institutional investors held ALPS Dynamic US Dividend Advantage ETF (RFDA) as of Q3 2016, up from 1 in Q2 2016.
- Funds reported $3.32M of ALPS Dynamic US Dividend Advantage ETF stock for Q3 2016, up 278% quarter-over-quarter.
- 5 funds opened new ALPS Dynamic US Dividend Advantage ETF positions in Q3 2016 and 1 closed out, a net change of +4 holders.
- The largest ALPS Dynamic US Dividend Advantage ETF buyer in Q3 2016 was RiverFront Investment Group, an estimated $887K added.
- The largest ALPS Dynamic US Dividend Advantage ETF seller in Q3 2016 was Virtu KCG Holdings, an estimated $878K sold.
Based on aggregated 13F filings for Q3 2016.