First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
87 hedge funds and large institutions have $214M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2017 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 23 increasing their positions, 36 reducing their positions, and 11 closing their positions.
82% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 11
12% more funds holding
Funds holding: 78 → 87 (+9)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.95% less ownership
Funds ownership: 26.41% → 25.46% (-0.95%)
5% less capital invested
Capital invested by funds: $225M → $214M (-$10.9M)
36% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.24M |
| 2 |
AW
ACG Wealth
Atlanta,
Georgia
|
+$1.48M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$970K |
| 4 |
LPL Financial
San Diego,
California
|
+$823K |
| 5 |
VF
Virtu Financial
New York
|
+$703K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.59M |
| 2 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$3.85M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$2.79M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.22M |
| 5 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
-$656K |
MDIV Hedge Fund Activity: Q4 2017 in Review
87 of the 4,419 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 2017, worth a combined $214M — down 4.9% from $225M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new MDIV positions and 11 closed out — a net gain of 9 holders — while 23 added to existing stakes and 36 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $2.24M. The largest seller was Morgan Stanley, cutting an estimated $5.59M.
- 87 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q4 2017, up from 78 in Q3 2017.
- Funds reported $214M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q4 2017, down 4.9% quarter-over-quarter.
- 20 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q4 2017 and 11 closed out, a net change of +9 holders.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q4 2017 was Royal Bank of Canada, an estimated $2.24M added.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q4 2017 was Morgan Stanley, an estimated $5.59M sold.
Based on aggregated 13F filings for Q4 2017.