First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
98 hedge funds and large institutions have $162M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2022 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 29 increasing their positions, 39 reducing their positions, and 6 closing their positions.
133% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 6
5% more funds holding
Funds holding: 93 → 98 (+5)
1.64% more ownership
Funds ownership: 35.19% → 36.83% (+1.6%)
1% less capital invested
Capital invested by funds: $164M → $162M (-$2.05M)
26% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 39
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$16.9M |
| 2 |
Morgan Stanley
New York
|
+$6.72M |
| 3 |
FAM
Flaharty Asset Management
Clearwater,
Florida
|
+$1.7M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$949K |
| 5 |
HI
Harbour Investments
Madison,
Wisconsin
|
+$522K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$8.54M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$8.41M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$3.1M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$1.92M |
| 5 |
LPL Financial
San Diego,
California
|
-$1.25M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CI
101
CX Institutional
Auburn,
Indiana
| – | -$172K | -11,900 | Closed |
|
102
Cetera Investment Advisers
Schaumburg,
Illinois
| – | -$157K | -10,859 | Closed |
|
|
WA
103
Win Advisors
Palm Beach Gardens,
Florida
| – | -$25K | -1,734 | Closed |
|
|
WAM
104
WFA Asset Management
Whitefish Bay,
Wisconsin
| – | -$7.42K | -514 | Closed |
|
MDIV Hedge Fund Activity: Q4 2022 in Review
98 of the 6,221 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 2022, worth a combined $162M — down 1.3% from $164M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new MDIV positions and 6 closed out — a net gain of 8 holders — while 29 added to existing stakes and 39 trimmed.
The largest buyer was Ameriprise, adding an estimated $16.9M. The largest seller was Envestnet Asset Management, cutting an estimated $8.54M.
- 98 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q4 2022, up from 93 in Q3 2022.
- Funds reported $162M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q4 2022, down 1.3% quarter-over-quarter.
- 14 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q4 2022 and 6 closed out, a net change of +8 holders.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q4 2022 was Ameriprise, an estimated $16.9M added.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q4 2022 was Envestnet Asset Management, an estimated $8.54M sold.
Based on aggregated 13F filings for Q4 2022.