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

81 hedge funds and large institutions have $265M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2015 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 37 increasing their positions, 27 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

117% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 6

37% more repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 27

8% more funds holding

Funds holding: 75 → 81 (+6)

5% less capital invested

Capital invested by funds: $278M → $265M (-$13.2M)

Holders
81
Holders Change
+6
Holders Change %
+8%
% of All Funds
2.18%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.05%
New
13
Increased
37
Reduced
27
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
TNBTD
Trustmark National Bank Trust Department
Mississippi
+$11.9M
2
LPL Financial
LPL Financial
California
+$6M
3
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$2.87M
4
P
Palladiem
Pennsylvania
+$1.83M
5
Bank of America
Bank of America
North Carolina
+$1.5M

Top Sellers

1
ACM
Aviance Capital Management
Florida
-$6.92M
2
WP
WealthPLAN Partners
Nebraska
-$2.75M
3
Cambridge Investment Research Advisors
Cambridge Investment Research Advisors
Iowa
-$1.5M
4
BAAM
Baker Avenue Asset Management
California
-$887K
5
BTS
BB&T Securities
Virginia
-$817K
Name Holding Trade Value Shares
Change 		Change in
Stake
HNB
76
Huntington National Bank
Ohio
$14K – – –
DBT
77
Dubuque Bank & Trust
Iowa
$10K +$10.9K +520 New
RIA
78
Regal Investment Advisors
Michigan
$4K -$941 -45 -18%
FHC
79
First Heartland Consultants
Missouri
$647 -$129K -6,186 -16%
ACM
80
Aviance Capital Management
Florida
– -$6.92M -328,354 Closed
BAAM
81
Baker Avenue Asset Management
California
– -$887K -42,139 Closed
VC
82
Vicus Capital
Pennsylvania
– -$263 -12,472 Closed
IC
83
Intersect Capital
California
– -$15K -700 Closed
GWM
84
Gupta Wealth Management
California
– -$2K -89 Closed
GI
85
Gradient Investments
Minnesota
– +$481 +23 New
GT
86
Glenmede Trust
Pennsylvania
– +$1.05K +50 New
1 2 3
4

MDIV Hedge Fund Activity: Q2 2015 in Review

81 of the 3,711 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 2015, worth a combined $265M — down 4.7% from $278M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new MDIV positions and 6 closed out — a net gain of 7 holders — while 37 added to existing stakes and 27 trimmed.

The largest buyer was Trustmark National Bank Trust Department, adding an estimated $11.9M. The largest seller was Aviance Capital Management, exiting entirely with an estimated $6.92M sold.

  • 81 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q2 2015, up from 75 in Q1 2015.
  • Funds reported $265M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q2 2015, down 4.7% quarter-over-quarter.
  • 13 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q2 2015 and 6 closed out, a net change of +7 holders.
  • The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q2 2015 was Trustmark National Bank Trust Department, an estimated $11.9M added.
  • The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q2 2015 was Aviance Capital Management, an estimated $6.92M sold.

Based on aggregated 13F filings for Q2 2015.