First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
87 hedge funds and large institutions have $138M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2021 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 29 increasing their positions, 35 reducing their positions, and 9 closing their positions.
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
1% less capital invested
Capital invested by funds: $139M → $138M (-$854K)
0.68% less ownership
Funds ownership: 30.13% → 29.45% (-0.68%)
1% less funds holding
Funds holding: 88 → 87 (-1)
17% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 35
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Flaharty Asset Management
Clearwater,
Florida
|
+$2.32M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$922K |
| 3 |
LPL Financial
San Diego,
California
|
+$883K |
| 4 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$874K |
| 5 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
+$781K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.68M |
| 2 |
TNBTD
Trustmark National Bank Trust Department
Jackson,
Mississippi
|
-$3.43M |
| 3 |
ECA
Elevated Capital Advisors
Sandy,
Utah
|
-$1.91M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.89M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.15M |
MDIV Hedge Fund Activity: Q1 2021 in Review
87 of the 5,696 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 Q1 2021, worth a combined $138M — down 0.62% from $139M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new MDIV positions and 9 closed out — a net gain of 1 holder — while 29 added to existing stakes and 35 trimmed.
The largest buyer was Flaharty Asset Management, adding an estimated $2.32M. The largest seller was Morgan Stanley, cutting an estimated $5.68M.
- 87 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q1 2021, down from 88 in Q4 2020.
- Funds reported $138M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q1 2021, down 0.62% quarter-over-quarter.
- 10 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q1 2021 and 9 closed out, a net change of +1 holder.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q1 2021 was Flaharty Asset Management, an estimated $2.32M added.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q1 2021 was Morgan Stanley, an estimated $5.68M sold.
Based on aggregated 13F filings for Q1 2021.