ALPS Dynamic US Dividend Advantage ETF
RFDA
15 hedge funds and large institutions have $101M invested in ALPS Dynamic US Dividend Advantage ETF in 2018 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
78% more capital invested
Capital invested by funds: $56.8M → $101M (+$44.2M)
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
1.24% more ownership
Funds ownership: 89.62% → 90.86% (+1.2%)
0% more funds holding
Funds holding: 15 → 15 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$48M |
| 2 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$581K |
| 3 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$460K |
| 4 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$301K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
+$288K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$786K |
| 2 |
Koshinski Asset Management
Decatur,
Illinois
|
-$511K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$134K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$92.7K |
| 5 |
GFPC
Global Financial Private Capital
Sarasota,
Florida
|
-$48.2K |
RFDA Hedge Fund Activity: Q1 2018 in Review
15 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in ALPS Dynamic US Dividend Advantage ETF (RFDA) for Q1 2018, worth a combined $101M — up 78% from $56.8M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new RFDA positions and 1 closed out — a net gain of 1 holder — while 8 added to existing stakes and 5 trimmed.
The largest buyer was RiverFront Investment Group, adding an estimated $48M. The largest seller was Royal Bank of Canada, cutting an estimated $786K.
- 15 institutional investors held ALPS Dynamic US Dividend Advantage ETF (RFDA) as of Q1 2018, unchanged from Q4 2017.
- Funds reported $101M of ALPS Dynamic US Dividend Advantage ETF stock for Q1 2018, up 78% quarter-over-quarter.
- 2 funds opened new ALPS Dynamic US Dividend Advantage ETF positions in Q1 2018 and 1 closed out, a net change of +1 holder.
- The largest ALPS Dynamic US Dividend Advantage ETF buyer in Q1 2018 was RiverFront Investment Group, an estimated $48M added.
- The largest ALPS Dynamic US Dividend Advantage ETF seller in Q1 2018 was Royal Bank of Canada, an estimated $786K sold.
Based on aggregated 13F filings for Q1 2018.