FIRST TR EXCHNG TRADED FD VI LDSF
LOW DUR STRTGC · ETP · CUSIP 33740F870
64
institutional holders
+2 vs Q4 2022
6.5m
shares reported held*
$121.2mreported value*
8 new
16 added
27 reduced
5 sold out
net sold ≈ $32.0m (-1.8m shares)
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($96.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $18.63.
Trends to Q1 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 60 |
| Q4 2022 | 62 |
| Q1 2023 | 64 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 18 | 36 |
| Q1 2023 | 24 | 32 |
Biggest buyers
| Sigma Planning Corp | Added | +110.5k |
| Steward Partners Investment Advisory, LLC | Added | +48.2k |
| Synergy Asset Management, LLC | New | +41.5k |
| CWM, LLC | Added | +40.3k |
| Cedrus LLC | Added | +30.9k |
| Capital Asset Advisory Services LLC | Added | +22.0k |
| OneDigital Investment Advisors LLC | Added | +17.7k |
| CITADEL ADVISORS LLC | New | +15.7k |
| Prospera Financial Services Inc | New | +15.2k |
| CAPTRUST FINANCIAL ADVISORS | New | +12.5k |
Biggest sellers
| ROYAL BANK OF CANADA | Reduced | -1.1m |
| LPL Financial LLC | Reduced | -168.7k |
| AE Wealth Management LLC | Reduced | -155.9k |
| EdgeRock Capital LLC | Reduced | -143.0k |
| Gladstone Institutional Advisory LLC | Sold out | -103.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -84.1k |
| Kestra Advisory Services, LLC | Reduced | -71.5k |
| Sterling Manor Financial, LLC | Sold out | -40.2k |
| Private Advisor Group, LLC | Reduced | -36.9k |
| JANE STREET GROUP, LLC | Reduced | -36.6k |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| Arax Advisory Partners 13G · institution new · filed 2025-02-06 | 9.5% |
Holders, Q1 2023
| Manager | Shares | Change |
|---|---|---|
| LPL Financial LLC 0.01% of their portfolio | 918.5k $17.1m | Reduced -168.7k |
| Kestra Advisory Services, LLC 0.16% of their portfolio | 805.7k $15.0m | Reduced -71.5k |
| AE Wealth Management LLC 0.09% of their portfolio | 709.6k $13.2m | Reduced -155.9k |
| EdgeRock Capital LLC 6.69% of their portfolio | 699.1k $13.0m | Reduced -143.0k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 613.6k $11.4m | Reduced -1.1m |
| Capital Asset Advisory Services LLC 0.72% of their portfolio | 518.9k $9.7m | Added +22.0k |
| Cedrus LLC 5.80% of their portfolio | 442.7k $8.2m | Added +30.9k |
| Mutual Advisors, LLC 0.17% of their portfolio | 224.7k $4.2m | Added +215 |
| Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio | 163.4k $3.0m | Reduced -25.7k |
| Private Advisor Group, LLC 0.03% of their portfolio | 144.8k $2.7m | Reduced -36.9k |
| Sigma Planning Corp 0.09% of their portfolio | 144.6k $2.7m | Added +110.5k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 132.5k $2.5m | Reduced -9.7k |
| Ameritas Advisory Services, LLC 0.07% of their portfolio | 71.0k $1.3m | Reduced -15.4k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 66.8k $1.2m | Reduced -29.1k |
| MML INVESTORS SERVICES, LLC 0.01% of their portfolio | 63.2k $1.2m | Added +2.1k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 53.7k $999.8k | Reduced -36.6k |
| Steward Partners Investment Advisory, LLC 0.02% of their portfolio | 51.3k $955.3k | Added +48.2k |
| Larson Financial Group LLC 0.10% of their portfolio | 50.6k $942.7k | Added +2.1k |
| CWM, LLC 0.01% of their portfolio | 45.3k $843.0k | Added +40.3k |
| Synergy Asset Management, LLC 0.19% of their portfolio | 41.5k $773.5k | New |
| 1776 Wealth LLC 0.45% of their portfolio | 40.0k $745.2k | Reduced -201 |
| GPS Wealth Strategies Group, LLC 0.13% of their portfolio | 33.7k $627.8k | Reduced -6.5k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 32.7k $609.1k | Reduced -6.4k |
| OneDigital Investment Advisors LLC 0.01% of their portfolio | 28.7k $534.3k | Added +17.7k |
| WEALTHSOURCE PARTNERS, LLC 0.03% of their portfolio | 26.2k $488.9k | Unchanged |
| Snowden Capital Advisors LLC 0.02% of their portfolio | 25.1k $467.3k | Reduced -5.0k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 22.2k $413.7k | Added +3.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 20.7k $386.2k | Reduced -84.1k |
| Cornerstone Wealth Management, LLC 0.04% of their portfolio | 19.3k $359.3k | First filing |
| Onyx Bridge Wealth Group LLC 0.14% of their portfolio | 19.2k $358.0k | Reduced -2.3k |
| Cetera Advisor Networks LLC 0.00% of their portfolio | 18.1k $338.0k | Reduced -2.0k |
| NewEdge Advisors, LLC 0.00% of their portfolio | 18.1k $336.7k | Added +11.4k |
| Jacobi Capital Management LLC 0.04% of their portfolio | 16.1k $300.2k | Reduced -1.8k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 15.7k $291.9k | New |
| Prospera Financial Services Inc 0.01% of their portfolio | 15.2k $283.6k | New |
| G&S Capital LLC 0.13% of their portfolio | 15.2k $282.8k | Added +107 |
| XML Financial, LLC 0.03% of their portfolio | 15.0k $279.2k | Unchanged |
| Atlas Private Wealth Advisors 0.13% of their portfolio | 14.6k $271.2k | Added +272 |
| BlackDiamond Wealth Management, LLC 0.28% of their portfolio | 14.5k $270.5k | Added +3.8k |
| ACORN FINANCIAL ADVISORY SERVICES INC /ADV 0.05% of their portfolio | 13.5k $251.2k | Unchanged |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 12.5k $232.2k | New |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 12.3k $229.9k | Reduced -16.3k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 11.8k $219.0k | Reduced -8.9k |
| Financial Advocates Investment Management 0.02% of their portfolio | 10.8k $200.9k | Reduced -343 |
| Cetera Investment Advisers 0.00% of their portfolio | 10.6k $197.8k | Reduced -23.3k |
| CREATIVE FINANCIAL DESIGNS INC /ADV 0.02% of their portfolio | 10.0k $187.1k | Added +3.6k |
| FinTrust Capital Advisors, LLC 0.04% of their portfolio | 8.9k $164.0k | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 8.6k $159.0k | Added +7.7k |
| BENJAMIN EDWARDS INC 0.03% of their portfolio | 5.8k $109.0k | New |
| Belpointe Asset Management LLC 0.01% of their portfolio | 5.8k $107.7k | Reduced -6.1k |
| BENJAMIN F. EDWARDS & COMPANY, INC. 0.00% of their portfolio | 5.2k $96.0k | Reduced -6.9k |
| PRIVATE TRUST CO NA 0.01% of their portfolio | 5.1k $94.4k | Unchanged |
| Geneos Wealth Management Inc. 0.01% of their portfolio | 4.9k $92.0k | Unchanged |
| Capital Investment Advisory Services, LLC 0.01% of their portfolio | 4.5k $84.2k | Reduced -585 |
| Advisory Services Network, LLC 0.00% of their portfolio | 2.6k $47.8k | Unchanged |
| UBS Group AG 0.00% of their portfolio | 2.6k $47.6k | Reduced -2.7k |
| Disciplined Investments, LLC 0.01% of their portfolio | 1.5k $27.6k | Unchanged |
| Mach-1 Financial Group, LLC 0.04% of their portfolio | 1.4k $26.5k | New |
| TD Capital Management LLC 0.00% of their portfolio | 1.0k $19.5k | Unchanged |
| HARBOUR INVESTMENTS, INC. 0.00% of their portfolio | 600 $11.2k | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 308 $6.0k | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 1 $27 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |
| Parkside Financial Bank & Trust 0.00% of their portfolio | 0 $1 | New |