ALPS Dynamic US Dividend Advantage ETF
RFDA
21 hedge funds and large institutions have $135M invested in ALPS Dynamic US Dividend Advantage ETF in 2021 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 10 reducing their positions, and 0 closing their positions.
31% more funds holding
Funds holding: 16 → 21 (+5)
3.35% more ownership
Funds ownership: 104.62% → 107.97% (+3.3%)
2% more capital invested
Capital invested by funds: $132M → $135M (+$2.93M)
70% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HH
Hilltop Holdings
Dallas,
Texas
|
+$1.16M |
| 2 |
DC
Davenport & Co
Richmond,
Virginia
|
+$788K |
| 3 |
Koshinski Asset Management
Decatur,
Illinois
|
+$682K |
| 4 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$326K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$94.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
-$1.24M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.17M |
| 3 |
T
TRUADVICE
Sarasota,
Florida
|
-$249K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$219K |
| 5 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$129K |
RFDA Hedge Fund Activity: Q3 2021 in Review
21 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in ALPS Dynamic US Dividend Advantage ETF (RFDA) for Q3 2021, worth a combined $135M — up 2.2% from $132M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new RFDA positions and 0 closed out — a net gain of 5 holders — while 3 added to existing stakes and 10 trimmed.
The largest buyer was Hilltop Holdings, opening a new position worth an estimated $1.16M. The largest seller was Truist Financial, cutting an estimated $1.24M.
- 21 institutional investors held ALPS Dynamic US Dividend Advantage ETF (RFDA) as of Q3 2021, up from 16 in Q2 2021.
- Funds reported $135M of ALPS Dynamic US Dividend Advantage ETF stock for Q3 2021, up 2.2% quarter-over-quarter.
- 5 funds opened new ALPS Dynamic US Dividend Advantage ETF positions in Q3 2021 and 0 closed out, a net change of +5 holders.
- The largest ALPS Dynamic US Dividend Advantage ETF buyer in Q3 2021 was Hilltop Holdings, an estimated $1.16M added.
- The largest ALPS Dynamic US Dividend Advantage ETF seller in Q3 2021 was Truist Financial, an estimated $1.24M sold.
Based on aggregated 13F filings for Q3 2021.