ALPS Dynamic US Dividend Advantage ETF
RFDA
22 hedge funds and large institutions have $68.4M invested in ALPS Dynamic US Dividend Advantage ETF in 2024 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 11 reducing their positions, and 2 closing their positions.
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
0.42% less ownership
Funds ownership: 90.23% → 89.8% (-0.42%)
1% less capital invested
Capital invested by funds: $69.2M → $68.4M (-$817K)
4% less funds holding
Funds holding: 23 → 22 (-1)
45% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
GAMMA Investing
Foster City,
California
|
+$211K |
| 2 |
Two Sigma Investments
New York
|
+$198K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$35.1K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$29.1K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$16.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Elevated Capital Advisors
Sandy,
Utah
|
-$2.22M |
| 2 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$326K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$306K |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
-$284K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$283K |
RFDA Hedge Fund Activity: Q3 2024 in Review
22 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in ALPS Dynamic US Dividend Advantage ETF (RFDA) for Q3 2024, worth a combined $68.4M — down 1.2% from $69.2M a quarter earlier.
Fund positioning in RFDA was balanced in Q3 2024: 2 funds opened new positions, 2 closed out, 6 added to existing stakes and 11 trimmed.
The largest buyer was GAMMA Investing, adding an estimated $211K. The largest seller was Elevated Capital Advisors, cutting an estimated $2.22M.
- 22 institutional investors held ALPS Dynamic US Dividend Advantage ETF (RFDA) as of Q3 2024, down from 23 in Q2 2024.
- Funds reported $68.4M of ALPS Dynamic US Dividend Advantage ETF stock for Q3 2024, down 1.2% quarter-over-quarter.
- 2 funds opened new ALPS Dynamic US Dividend Advantage ETF positions in Q3 2024 and 2 closed out, a net change of 0 holders.
- The largest ALPS Dynamic US Dividend Advantage ETF buyer in Q3 2024 was GAMMA Investing, an estimated $211K added.
- The largest ALPS Dynamic US Dividend Advantage ETF seller in Q3 2024 was Elevated Capital Advisors, an estimated $2.22M sold.
Based on aggregated 13F filings for Q3 2024.