First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
81 hedge funds and large institutions have $266M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2015 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 37 increasing their positions, 27 reducing their positions, and 6 closing their positions.
117% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 6
37% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 27
8% more funds holding
Funds holding: 75 → 81 (+6)
2% more capital invested
Capital invested by funds: $260M → $266M (+$5.89M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TNBTD
Trustmark National Bank Trust Department
Jackson,
Mississippi
|
+$11.9M |
| 2 |
LPL Financial
San Diego,
California
|
+$6M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.87M |
| 4 |
P
Palladiem
Bryn Mawr,
Pennsylvania
|
+$1.83M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$6.92M |
| 2 |
WP
WealthPLAN Partners
Omaha,
Nebraska
|
-$2.75M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.5M |
| 4 |
BAAM
Baker Avenue Asset Management
San Francisco,
California
|
-$887K |
| 5 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$817K |
MDIV Hedge Fund Activity: Q2 2015 in Review
81 of the 3,730 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 Q2 2015, worth a combined $266M — up 2.3% from $260M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new MDIV positions and 6 closed out — a net gain of 7 holders — while 37 added to existing stakes and 27 trimmed.
The largest buyer was Trustmark National Bank Trust Department, adding an estimated $11.9M. The largest seller was Aviance Capital Management, exiting entirely with an estimated $6.92M sold.
- 81 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q2 2015, up from 75 in Q1 2015.
- Funds reported $266M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q2 2015, up 2.3% quarter-over-quarter.
- 13 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q2 2015 and 6 closed out, a net change of +7 holders.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q2 2015 was Trustmark National Bank Trust Department, an estimated $11.9M added.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q2 2015 was Aviance Capital Management, an estimated $6.92M sold.
Based on aggregated 13F filings for Q2 2015.