First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
101 hedge funds and large institutions have $276M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2019 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 36 increasing their positions, 34 reducing their positions, and 4 closing their positions.
225% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 4
9% more funds holding
Funds holding: 93 → 101 (+8)
8% more capital invested
Capital invested by funds: $255M → $276M (+$20.9M)
6% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 34
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.14% less ownership
Funds ownership: 36.89% → 36.74% (-0.14%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TNBTD
Trustmark National Bank Trust Department
Jackson,
Mississippi
|
+$2.76M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.49M |
| 3 |
SG
StoneX Group
New York
|
+$1.81M |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
+$1.41M |
| 5 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$1.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.08M |
| 2 |
IA
IFP Advisors
Tampa,
Florida
|
-$1.04M |
| 3 |
CCA
Clearwater Capital Advisors
Hoffman Estates,
Illinois
|
-$334K |
| 4 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$303K |
| 5 |
VAS
Vestmark Advisory Solutions
Wakefield,
Massachusetts
|
-$258K |
MDIV Hedge Fund Activity: Q4 2019 in Review
101 of the 5,092 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 2019, worth a combined $276M — up 8.2% from $255M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new MDIV positions and 4 closed out — a net gain of 9 holders — while 36 added to existing stakes and 34 trimmed.
The largest buyer was Trustmark National Bank Trust Department, adding an estimated $2.76M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $1.08M.
- 101 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q4 2019, up from 93 in Q3 2019.
- Funds reported $276M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q4 2019, up 8.2% quarter-over-quarter.
- 13 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q4 2019 and 4 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 2019 was Trustmark National Bank Trust Department, an estimated $2.76M added.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q4 2019 was Raymond James Financial Services Advisors, an estimated $1.08M sold.
Based on aggregated 13F filings for Q4 2019.