First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
95 hedge funds and large institutions have $148M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2024 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 32 increasing their positions, 30 reducing their positions, and 8 closing their positions.
249% more call options, than puts
Call options by funds: $129K | Put options by funds: $37K
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
12% more capital invested
Capital invested by funds: $133M → $148M (+$15.6M)
2% more funds holding
Funds holding: 93 → 95 (+2)
1.68% more ownership
Funds ownership: 32.13% → 33.82% (+1.7%)
7% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$3.24M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.79M |
| 3 |
WS
Wedbush Securities
Los Angeles,
California
|
+$642K |
| 4 |
Morgan Stanley
New York
|
+$601K |
| 5 |
AWA
Authentikos Wealth Advisory
Morgan Hill,
California
|
+$601K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$558K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$521K |
| 3 |
AA
Apriem Advisors
Irvine,
California
|
-$371K |
| 4 |
RIA
Realta Investment Advisors
Wilmington,
Delaware
|
-$347K |
| 5 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$326K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CP
101
Castleview Partners
Dallas,
Texas
| – | -$6.93K | -441 | Closed |
|
102
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1.82K | -116 | Closed |
|
103
Fidelity Investments
Boston,
Massachusetts
| – | -$16 | -1 | Closed |
|
MDIV Hedge Fund Activity: Q3 2024 in Review
95 of the 6,964 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 2024, worth a combined $148M — up 12% from $133M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new MDIV positions and 8 closed out — a net gain of 4 holders — while 32 added to existing stakes and 30 trimmed.
The largest buyer was LPL Financial, adding an estimated $3.24M. The largest seller was Royal Bank of Canada, cutting an estimated $558K.
- 95 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q3 2024, up from 93 in Q2 2024.
- Funds reported $148M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q3 2024, up 12% quarter-over-quarter.
- 12 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q3 2024 and 8 closed out, a net change of +4 holders.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q3 2024 was LPL Financial, an estimated $3.24M added.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q3 2024 was Royal Bank of Canada, an estimated $558K sold.
Based on aggregated 13F filings for Q3 2024.