First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
93 hedge funds and large institutions have $164M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2022 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 35 increasing their positions, 26 reducing their positions, and 11 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 26
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
2% more funds holding
Funds holding: 91 → 93 (+2)
0.96% less ownership
Funds ownership: 36.15% → 35.19% (-0.96%)
4% less capital invested
Capital invested by funds: $170M → $164M (-$6.48M)
Top Buyers
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$8.93M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$8.92M |
| 3 |
Morgan Stanley
New York
|
+$4.25M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.93M |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$1.89M |
Top Sellers
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$34.8M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$3.06M |
| 3 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
-$840K |
| 4 |
AWS
Atria Wealth Solutions
New York
|
-$386K |
| 5 |
BFA
Beacon Financial Advisory
Cleveland,
Ohio
|
-$194K |
MDIV Hedge Fund Activity: Q3 2022 in Review
93 of the 5,805 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 Q3 2022, worth a combined $164M — down 3.8% from $170M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new MDIV positions and 11 closed out — a net gain of 2 holders — while 35 added to existing stakes and 26 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $8.93M. The largest seller was Ameriprise, cutting an estimated $34.8M.
- 93 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q3 2022, up from 91 in Q2 2022.
- Funds reported $164M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q3 2022, down 3.8% quarter-over-quarter.
- 13 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q3 2022 and 11 closed out, a net change of +2 holders.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q3 2022 was Envestnet Asset Management, an estimated $8.93M added.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q3 2022 was Ameriprise, an estimated $34.8M sold.
Based on aggregated 13F filings for Q3 2022.