First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
88 hedge funds and large institutions have $139M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2020 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 20 increasing their positions, 41 reducing their positions, and 14 closing their positions.
29% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 14
5% more funds holding
Funds holding: 84 → 88 (+4)
2% more capital invested
Capital invested by funds: $136M → $139M (+$2.21M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.9% less ownership
Funds ownership: 31.03% → 30.13% (-0.9%)
51% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Flaharty Asset Management
Clearwater,
Florida
|
+$1.18M |
| 2 |
Rockefeller Capital Management
New York
|
+$281K |
| 3 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
+$237K |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$235K |
| 5 |
AIC
Ameritas Investment Company
Lincoln,
Nebraska
|
+$233K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TNBTD
Trustmark National Bank Trust Department
Jackson,
Mississippi
|
-$3.29M |
| 2 |
Morgan Stanley
New York
|
-$2.31M |
| 3 |
LPL Financial
San Diego,
California
|
-$2.3M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.75M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$955K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Fidelity Investments
Boston,
Massachusetts
| – | +$14 | +1 | New |
|
|
AWA
102
Arkadios Wealth Advisors
Atlanta,
Georgia
| – | +$333 | +23 | New |
|
MDIV Hedge Fund Activity: Q4 2020 in Review
88 of the 5,652 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 Q4 2020, worth a combined $139M — up 1.6% from $136M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new MDIV positions and 14 closed out — a net gain of 4 holders — while 20 added to existing stakes and 41 trimmed.
The largest buyer was Flaharty Asset Management, adding an estimated $1.18M. The largest seller was Trustmark National Bank Trust Department, cutting an estimated $3.29M.
- 88 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q4 2020, up from 84 in Q3 2020.
- Funds reported $139M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q4 2020, up 1.6% quarter-over-quarter.
- 18 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q4 2020 and 14 closed out, a net change of +4 holders.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q4 2020 was Flaharty Asset Management, an estimated $1.18M added.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q4 2020 was Trustmark National Bank Trust Department, an estimated $3.29M sold.
Based on aggregated 13F filings for Q4 2020.