First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
94 hedge funds and large institutions have $139M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2025 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 31 increasing their positions, 33 reducing their positions, and 10 closing their positions.
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
3% more funds holding
Funds holding: 91 → 94 (+3)
6% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 33
2.44% less ownership
Funds ownership: 37.43% → 34.99% (-2.4%)
12% less capital invested
Capital invested by funds: $159M → $139M (-$19.4M)
Top Buyers
Top Sellers
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$13.1M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$4.57M |
| 3 |
LPL Financial
San Diego,
California
|
-$4.5M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$604K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$422K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CA
101
CoreCap Advisors
Southfield,
Michigan
| – | -$12.8K | -800 | Closed |
|
102
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$6.42K | -400 | Closed |
|
|
PS
103
Principal Securities
Des Moines,
Iowa
| – | -$6.09K | -380 | Closed |
|
|
SAM
104
Smartleaf Asset Management
Boston,
Massachusetts
| – | -$118 | -7 | Closed |
|
MDIV Hedge Fund Activity: Q4 2025 in Review
94 of the 8,223 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 2025, worth a combined $139M — down 12% from $159M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new MDIV positions and 10 closed out — a net gain of 3 holders — while 31 added to existing stakes and 33 trimmed.
The largest buyer was Elevation Capital Advisory, opening a new position worth an estimated $2.76M. The largest seller was Ameriprise, cutting an estimated $13.1M.
- 94 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q4 2025, up from 91 in Q3 2025.
- Funds reported $139M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q4 2025, down 12% quarter-over-quarter.
- 13 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q4 2025 and 10 closed out, a net change of +3 holders.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q4 2025 was Elevation Capital Advisory, an estimated $2.76M added.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q4 2025 was Ameriprise, an estimated $13.1M sold.
Based on aggregated 13F filings for Q4 2025.