First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
97 hedge funds and large institutions have $140M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2021 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 27 increasing their positions, 38 reducing their positions, and 11 closing their positions.
55% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 11
4% more funds holding
Funds holding: 93 → 97 (+4)
2.07% less ownership
Funds ownership: 32.47% → 30.4% (-2.1%)
9% less capital invested
Capital invested by funds: $153M → $140M (-$13.3M)
29% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Flaharty Asset Management
Clearwater,
Florida
|
+$2.48M |
| 2 |
SG
StoneX Group
New York
|
+$1.2M |
| 3 |
CI
CX Institutional
Auburn,
Indiana
|
+$1.11M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$477K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$341K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TNBTD
Trustmark National Bank Trust Department
Jackson,
Mississippi
|
-$13.8M |
| 2 |
HR
Hardy Reed
Tupelo,
Mississippi
|
-$2.94M |
| 3 |
LPL Financial
San Diego,
California
|
-$1.68M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.25M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$892K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MA
101
Mutual Advisors
Omaha,
Nebraska
| – | -$255K | -15,549 | Closed |
|
102
Truist Financial
Charlotte,
North Carolina
| – | -$198K | -12,085 | Closed |
|
|
KIG
103
Kowal Investment Group
Brookfield,
Wisconsin
| – | -$139K | -8,505 | Closed |
|
|
HA
104
Herold Advisors
New York
| – | -$53K | -3,250 | Closed |
|
|
EWA
105
Evolution Wealth Advisors
Aventura,
Florida
| – | -$33K | -2,000 | Closed |
|
|
JPLA
106
Joseph P. Lucia & Associates
Yorktown Heights,
New York
| – | -$17K | -1,025 | Closed |
|
|
AWA
107
Arkadios Wealth Advisors
Atlanta,
Georgia
| – | -$10K | -624 | Closed |
|
|
JFA
108
JNBA Financial Advisors
Bloomington,
Minnesota
| – | -$4K | -250 | Closed |
|
MDIV Hedge Fund Activity: Q4 2021 in Review
97 of the 6,498 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 2021, worth a combined $140M — down 8.7% from $153M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new MDIV positions and 11 closed out — a net gain of 6 holders — while 27 added to existing stakes and 38 trimmed.
The largest buyer was Flaharty Asset Management, adding an estimated $2.48M. The largest seller was Trustmark National Bank Trust Department, cutting an estimated $13.8M.
- 97 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q4 2021, up from 93 in Q3 2021.
- Funds reported $140M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q4 2021, down 8.7% quarter-over-quarter.
- 17 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q4 2021 and 11 closed out, a net change of +6 holders.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q4 2021 was Flaharty Asset Management, an estimated $2.48M added.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q4 2021 was Trustmark National Bank Trust Department, an estimated $13.8M sold.
Based on aggregated 13F filings for Q4 2021.