First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
55 hedge funds and large institutions have $142M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2014 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 30 increasing their positions, 6 reducing their positions, and 1 closing their positions.
1,300% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 1
400% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 6
31% more funds holding
Funds holding: 42 → 55 (+13)
20% more capital invested
Capital invested by funds: $119M → $142M (+$23.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCG
Strategic Capital Group
Gig Harbor,
Washington
|
+$5.23M |
| 2 |
TNBTD
Trustmark National Bank Trust Department
Jackson,
Mississippi
|
+$1.81M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.44M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.42M |
| 5 |
Morgan Stanley
New York
|
+$1.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$886K |
| 2 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
-$506K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$250K |
| 4 |
CG
Colony Group
Boston,
Massachusetts
|
-$57.4K |
| 5 |
JP Morgan Chase
New York
|
-$15.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1IC
51
1919 Investment Counsel
Baltimore,
Maryland
| $10K | +$9.73K | +445 | New |
|
|
BRWA
52
B. Riley Wealth Advisors
Boca Raton,
Florida
| $9.77K | +$9.55K | +437 | New |
|
|
JFA
53
JNBA Financial Advisors
Bloomington,
Minnesota
| $8K | +$7.52K | +344 | New |
|
54
Envestnet Asset Management
Chicago,
Illinois
| $4K | +$3.94K | +180 | New |
|
|
VKH
55
Virtu KCG Holdings
New York
| – | -$250K | -11,735 | Closed |
|
MDIV Hedge Fund Activity: Q2 2014 in Review
55 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) for Q2 2014, worth a combined $142M — up 20% from $119M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new MDIV positions and 1 closed out — a net gain of 13 holders — while 30 added to existing stakes and 6 trimmed.
The largest buyer was Strategic Capital Group, opening a new position worth an estimated $5.23M. The largest seller was LPL Financial, cutting an estimated $886K.
- 55 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q2 2014, up from 42 in Q1 2014.
- Funds reported $142M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q2 2014, up 20% quarter-over-quarter.
- 14 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q2 2014 and 1 closed out, a net change of +13 holders.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q2 2014 was Strategic Capital Group, an estimated $5.23M added.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q2 2014 was LPL Financial, an estimated $886K sold.
Based on aggregated 13F filings for Q2 2014.