First Trust SMID Cap Rising Dividend Achievers ETF
SDVY
178 hedge funds and large institutions have $1.11B invested in First Trust SMID Cap Rising Dividend Achievers ETF in 2023 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 99 increasing their positions, 40 reducing their positions, and 11 closing their positions.
148% more repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 40
109% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 11
34% more capital invested
Capital invested by funds: $829M → $1.11B (+$285M)
7% more funds holding
Funds holding: 167 → 178 (+11)
5.71% more ownership
Funds ownership: 71.7% → 77.42% (+5.7%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$74.8M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
+$45.7M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$27.8M |
| 4 |
LPL Financial
San Diego,
California
|
+$27.3M |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$15.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIA
Regal Investment Advisors
Kentwood,
Michigan
|
-$4.94M |
| 2 |
CWM
Castle Wealth Management
West Palm Beach,
Florida
|
-$3.75M |
| 3 |
SHFP
Second Half Financial Partners
Sebring,
Florida
|
-$3.49M |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$2.46M |
| 5 |
MWM
Mattern Wealth Management
Lawrence,
Kansas
|
-$2.12M |
SDVY Hedge Fund Activity: Q3 2023 in Review
178 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) for Q3 2023, worth a combined $1.11B — up 34% from $829M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new SDVY positions and 11 closed out — a net gain of 12 holders — while 99 added to existing stakes and 40 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $74.8M. The largest seller was Regal Investment Advisors, cutting an estimated $4.94M.
- 178 institutional investors held First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) as of Q3 2023, up from 167 in Q2 2023.
- Funds reported $1.11B of First Trust SMID Cap Rising Dividend Achievers ETF stock for Q3 2023, up 34% quarter-over-quarter.
- 23 funds opened new First Trust SMID Cap Rising Dividend Achievers ETF positions in Q3 2023 and 11 closed out, a net change of +12 holders.
- The largest First Trust SMID Cap Rising Dividend Achievers ETF buyer in Q3 2023 was Morgan Stanley, an estimated $74.8M added.
- The largest First Trust SMID Cap Rising Dividend Achievers ETF seller in Q3 2023 was Regal Investment Advisors, an estimated $4.94M sold.
Based on aggregated 13F filings for Q3 2023.