First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
99 hedge funds and large institutions have $169M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2023 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 30 increasing their positions, 41 reducing their positions, and 7 closing their positions.
150% more call options, than puts
Call options by funds: $5K | Put options by funds: $2K
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
26% more capital invested
Capital invested by funds: $134M → $169M (+$34.5M)
4.89% more ownership
Funds ownership: 32.43% → 37.32% (+4.9%)
4% more funds holding
Funds holding: 95 → 99 (+4)
27% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$7.1M |
| 2 |
Morgan Stanley
New York
|
+$6.88M |
| 3 |
GM
GeoWealth Management
Chicago,
Illinois
|
+$5.66M |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$3.46M |
| 5 |
SOS
Silver Oak Securities
Jackson,
Tennessee
|
+$1.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
-$2.46M |
| 2 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
-$656K |
| 3 |
LPL Financial
San Diego,
California
|
-$507K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$477K |
| 5 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$421K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RA
101
RFG Advisory
Birmingham,
Alabama
| – | -$224K | -15,355 | Closed |
|
102
Jane Street
New York
| – | -$214K | -14,651 | Closed |
|
|
KWM
103
Kingsview Wealth Management
Grants Pass,
Oregon
| – | -$198K | -13,597 | Closed |
|
|
AWA
104
Arkadios Wealth Advisors
Atlanta,
Georgia
| – | -$160K | -10,958 | Closed |
|
|
LAS
105
LWM Advisory Services
Plantation,
Florida
| – | -$23K | -1,575 | Closed |
|
106
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$4.92K | -337 | Closed |
|
MDIV Hedge Fund Activity: Q4 2023 in Review
99 of the 6,859 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 2023, worth a combined $169M — up 26% from $134M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new MDIV positions and 7 closed out — a net gain of 6 holders — while 30 added to existing stakes and 41 trimmed.
The largest buyer was Ameriprise, adding an estimated $7.1M. The largest seller was Ameritas Advisory Services, cutting an estimated $2.46M.
- 99 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q4 2023, up from 95 in Q3 2023.
- Funds reported $169M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q4 2023, up 26% quarter-over-quarter.
- 13 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q4 2023 and 7 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 2023 was Ameriprise, an estimated $7.1M added.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q4 2023 was Ameritas Advisory Services, an estimated $2.46M sold.
Based on aggregated 13F filings for Q4 2023.