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First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund

93 hedge funds and large institutions have $133M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2024 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 29 increasing their positions, 39 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

9% more call options, than puts

Call options by funds: $37K | Put options by funds: $34K

1.75% less ownership

Funds ownership: 33.88%32.13% (-1.7%)

7% less funds holding

Funds holding: 10093 (-7)

10% less capital invested

Capital invested by funds: $147M → $133M (-$14.5M)

26% less repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 39

50% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 10

Holders
93
Holders Change
-7
Holders Change %
-7%
% of All Funds
1.34%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
29
Reduced
39
Closed
10
Calls
$37K
Puts
$34K
Net Calls
+$3K
Net Calls Change
-$13K
Name Holding Trade Value Shares
Change
Change in
Stake
ACMA
51
Arbor Capital Management (Alaska)
Alaska
$245K +$9.65K +615 +4%
NA
52
NewEdge Advisors
Louisiana
$244K -$3.14K -200 -1%
FFA
53
Farther Finance Advisors
California
$243K -$1.91K -122 -0.8%
PA
54
PSI Advisors
Florida
$241K +$3.81K +243 +2%
Jones Financial Companies
55
Jones Financial Companies
Missouri
$233K +$85.7K +5,464 +58%
Envestnet Asset Management
56
Envestnet Asset Management
Illinois
$209K +$23K +1,466 +12%
Baird Financial Group
57
Baird Financial Group
Wisconsin
$200K -$4.71K -300 -2%
Susquehanna International Group
58
Susquehanna International Group
Pennsylvania
$194K -$1.4M -89,051 -88%
Lido Advisors
59
Lido Advisors
California
$182K
BRWA
60
B. Riley Wealth Advisors
Florida
$175K -$82.3K -5,248 -32%
CCIA
61
Cherry Creek Investment Advisors
Colorado
$172K -$27.2K -1,732 -14%
ACA
62
Aptus Capital Advisors
Alabama
$164K +$54.9K +3,500 +51%
GRP
63
Global Retirement Partners
California
$133K +$10.4K +662 +9%
NS
64
NBC Securities
Alabama
$60K -$4.99K -318 -8%
GWM
65
Geneos Wealth Management
Colorado
$60K +$20.6K +1,315 +53%
PNC Financial Services Group
66
PNC Financial Services Group
Pennsylvania
$59.7K
EWM
67
EPG Wealth Management
Georgia
$55.9K -$82.8K -5,281 Closed
NFSG
68
Newbridge Financial Services Group
Florida
$53.9K -$220K -14,020 -80%
GWANC
69
Guardian Wealth Advisors (North Carolina)
North Carolina
$40.4K
SWM
70
Spire Wealth Management
Virginia
$40.4K -$10.4K -662 -20%
FFA
71
Founders Financial Alliance
North Carolina
$39.4K +$423 +27 +1%
Citigroup
72
Citigroup
New York
$31.4K
US Bancorp
73
US Bancorp
Minnesota
$28.3K
BAM
74
Bellevue Asset Management
Washington
$27.1K +$220 +14 +0.8%
National Bank of Canada
75
National Bank of Canada
Quebec, Canada
$24.2K

MDIV Hedge Fund Activity: Q2 2024 in Review

93 of the 6,924 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 2024, worth a combined $133M — down 9.8% from $147M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of MDIV and 5 opened new positions — a net loss of 5 holders — while 39 trimmed existing stakes and 29 added.

The largest buyer was Bank of America, adding an estimated $1.8M. The largest seller was Morgan Stanley, cutting an estimated $7.49M.

  • 93 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q2 2024, down from 100 in Q1 2024.
  • Funds reported $133M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q2 2024, down 9.8% quarter-over-quarter.
  • 5 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q2 2024 and 10 closed out, a net change of -5 holders.
  • The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q2 2024 was Bank of America, an estimated $1.8M added.
  • The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q2 2024 was Morgan Stanley, an estimated $7.49M sold.

Based on aggregated 13F filings for Q2 2024.