First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
91 hedge funds and large institutions have $170M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2022 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 31 increasing their positions, 27 reducing their positions, and 10 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 27
14% more capital invested
Capital invested by funds: $150M → $170M (+$20.5M)
5.02% more ownership
Funds ownership: 31.14% → 36.15% (+5%)
2% less funds holding
Funds holding: 93 → 91 (-2)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$34.4M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.99M |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$779K |
| 4 |
AWS
Atria Wealth Solutions
New York
|
+$754K |
| 5 |
Morgan Stanley
New York
|
+$573K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Win Advisors
Palm Beach Gardens,
Florida
|
-$2.67M |
| 2 |
TNBTD
Trustmark National Bank Trust Department
Jackson,
Mississippi
|
-$1.34M |
| 3 |
FAM
Flaharty Asset Management
Clearwater,
Florida
|
-$874K |
| 4 |
MCC
Money Concepts Capital
Palm Beach Gardens,
Florida
|
-$513K |
| 5 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$321K |
MDIV Hedge Fund Activity: Q2 2022 in Review
91 of the 5,936 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 2022, worth a combined $170M — up 14% from $150M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of MDIV and 9 opened new positions — a net loss of 1 holder — while 27 trimmed existing stakes and 31 added.
The largest buyer was Ameriprise, adding an estimated $34.4M. The largest seller was Win Advisors, cutting an estimated $2.67M.
- 91 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q2 2022, down from 93 in Q1 2022.
- Funds reported $170M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q2 2022, up 14% quarter-over-quarter.
- 9 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q2 2022 and 10 closed out, a net change of -1 holder.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q2 2022 was Ameriprise, an estimated $34.4M added.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q2 2022 was Win Advisors, an estimated $2.67M sold.
Based on aggregated 13F filings for Q2 2022.