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First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund

41 hedge funds and large institutions have $109M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2013 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 13 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 4

15% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 13

5% more funds holding

Funds holding: 3941 (+2)

3% more capital invested

Capital invested by funds: $105M → $109M (+$3.34M)

Holders
41
Holders Change
+2
Holders Change %
+5.13%
% of All Funds
1.19%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
15
Reduced
13
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$30.3M -$1.9M -91,242 -6%
U
2
UBS
Switzerland
$17.6M +$4.01M +192,317 +30%
Wells Fargo
3
Wells Fargo
California
$15.5M -$1.53M -73,212 -9%
LPL Financial
4
LPL Financial
California
$14.1M +$2.28M +109,252 +19%
Bank of America
5
Bank of America
North Carolina
$9.35M -$1.54M -73,635 -14%
RJA
6
Raymond James & Associates
Florida
$3.28M +$508K +24,372 +18%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$2.16M -$98.2K -4,709 -4%
Janney Montgomery Scott
8
Janney Montgomery Scott
Pennsylvania
$1.63M +$463K +22,197 +40%
Cambridge Investment Research Advisors
9
Cambridge Investment Research Advisors
Iowa
$1.17M +$84.2K +4,038 +8%
SFG
10
SNS Financial Group
Minnesota
$1.11M +$91.4K +4,381 +9%
IH
11
IFC Holdings
Florida
$1.02M +$138K +6,626 +16%
AIG
12
American International Group
New York
$1M +$765K +36,683 +321%
PHIMC
13
Private Harbour Investment Management & Counsel
Ohio
$980K -$13K -625 -1%
ICOA
14
Investment Centers of America
North Dakota
$956K -$53.1K -2,545 -5%
Ameriprise
15
Ameriprise
Minnesota
$907K -$177K -8,462 -16%
Commonwealth Equity Services
16
Commonwealth Equity Services
Massachusetts
$843K -$61.6K -2,951 -7%
NES
17
New England Securities
New York
$668K -$63.7K -3,052 -9%
CG
18
Colony Group
Massachusetts
$629K -$79.2K -3,795 -11%
VFS
19
VSR Financial Services
Kansas
$608K +$171K +8,178 +39%
HFS
20
HL Financial Services
Kentucky
$602K +$11.8K +565 +2%
UR
21
USCA RIA
Texas
$560K -$6.3K -302 -1%
VKH
22
Virtu KCG Holdings
New York
$537K -$161K -7,737 -23%
SI
23
SII Investments
Wisconsin
$468K +$21.4K +1,025 +5%
AI
24
Atria Investments
North Carolina
$428K +$55.8K +2,674 +15%
JP Morgan Chase
25
JP Morgan Chase
New York
$390K -$15.3K -732 -4%

MDIV Hedge Fund Activity: Q4 2013 in Review

41 of the 3,445 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 2013, worth a combined $109M — up 3.2% from $105M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new MDIV positions and 4 closed out — a net gain of 3 holders — while 15 added to existing stakes and 13 trimmed.

The largest buyer was UBS, adding an estimated $4.01M. The largest seller was Morgan Stanley, cutting an estimated $1.9M.

  • 41 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q4 2013, up from 39 in Q3 2013.
  • Funds reported $109M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q4 2013, up 3.2% quarter-over-quarter.
  • 7 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q4 2013 and 4 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 2013 was UBS, an estimated $4.01M added.
  • The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q4 2013 was Morgan Stanley, an estimated $1.9M sold.

Based on aggregated 13F filings for Q4 2013.