First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
82 hedge funds and large institutions have $243M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2017 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 26 increasing their positions, 34 reducing their positions, and 6 closing their positions.
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
6% more funds holding
Funds holding: 77 → 82 (+5)
7% more capital inflows, than outflows
Capital inflows: $9.09M | Capital outflows: $8.49M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.07% less ownership
Funds ownership: 28.67% → 27.6% (-1.1%)
24% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.63M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$765K |
| 3 |
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$691K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$610K |
| 5 |
Trustmark National Bank Trust Department
Jackson,
Mississippi
|
+$609K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Summit Financial Wealth Advisors
Lafayette,
Louisiana
|
-$1.56M |
| 2 |
Wintrust Investments
Chicago,
Illinois
|
-$1.28M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$1.02M |
| 4 |
LPL Financial
San Diego,
California
|
-$892K |
| 5 |
Credit Agricole
Montrouge Cedex,
France
|
-$864K |
MDIV Hedge Fund Activity: Q2 2017 in Review
82 of the 4,023 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 2017, worth a combined $243M — down 1.8% from $247M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new MDIV positions and 6 closed out — a net gain of 6 holders — while 26 added to existing stakes and 34 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.63M. The largest seller was Summit Financial Wealth Advisors, exiting entirely with an estimated $1.56M sold.
- 82 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q2 2017, up from 77 in Q1 2017.
- Funds reported $243M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q2 2017, down 1.8% quarter-over-quarter.
- 12 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q2 2017 and 6 closed out, a net change of +6 holders.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q2 2017 was Morgan Stanley, an estimated $1.63M added.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q2 2017 was Summit Financial Wealth Advisors, an estimated $1.56M sold.
Based on aggregated 13F filings for Q2 2017.