First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
88 hedge funds and large institutions have $204M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2018 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 29 increasing their positions, 30 reducing their positions, and 11 closing their positions.
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
2.67% more ownership
Funds ownership: 25.46% → 28.13% (+2.7%)
1% more funds holding
Funds holding: 87 → 88 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 30
5% less capital invested
Capital invested by funds: $214M → $204M (-$10.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.12M |
| 2 |
TNBTD
Trustmark National Bank Trust Department
Jackson,
Mississippi
|
+$3.66M |
| 3 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$982K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$939K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$854K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.04M |
| 2 |
AW
ACG Wealth
Atlanta,
Georgia
|
-$1.48M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$1.33M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$791K |
| 5 |
VF
Virtu Financial
New York
|
-$703K |
MDIV Hedge Fund Activity: Q1 2018 in Review
88 of the 4,373 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 Q1 2018, worth a combined $204M — down 4.8% from $214M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new MDIV positions and 11 closed out — a net gain of 2 holders — while 29 added to existing stakes and 30 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $4.12M. The largest seller was Bank of America, cutting an estimated $2.04M.
- 88 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q1 2018, up from 87 in Q4 2017.
- Funds reported $204M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q1 2018, down 4.8% quarter-over-quarter.
- 13 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q1 2018 and 11 closed out, a net change of +2 holders.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q1 2018 was Morgan Stanley, an estimated $4.12M added.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q1 2018 was Bank of America, an estimated $2.04M sold.
Based on aggregated 13F filings for Q1 2018.