Janney Montgomery Scott LLC Has $833,000 Stock Position in RiverFront Dynamic US Dividend Advantage ETF (NYSEARCA:RFDA)

Janney Montgomery Scott LLC reduced its position in shares of RiverFront Dynamic US Dividend Advantage ETF (NYSEARCA:RFDAGet Rating) by 39.8% during the third quarter, Holdings Channel reports. The firm owned 21,395 shares of the company’s stock after selling 14,156 shares during the period. Janney Montgomery Scott LLC’s holdings in RiverFront Dynamic US Dividend Advantage ETF were worth $833,000 as of its most recent SEC filing.

Separately, JPMorgan Chase & Co. bought a new stake in RiverFront Dynamic US Dividend Advantage ETF in the first quarter worth about $36,000.

RiverFront Dynamic US Dividend Advantage ETF Stock Down 0.4 %

Shares of RFDA stock opened at $42.74 on Friday. The firm’s 50-day simple moving average is $43.06 and its two-hundred day simple moving average is $43.13. RiverFront Dynamic US Dividend Advantage ETF has a 52 week low of $38.44 and a 52 week high of $48.79.

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Want to see what other hedge funds are holding RFDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for RiverFront Dynamic US Dividend Advantage ETF (NYSEARCA:RFDAGet Rating).

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