First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
93 hedge funds and large institutions have $153M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2021 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 28 increasing their positions, 33 reducing their positions, and 5 closing their positions.
160% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 5
7% more funds holding
Funds holding: 87 → 93 (+6)
1% more ownership
Funds ownership: 31.46% → 32.47% (+1%)
1% less capital invested
Capital invested by funds: $155M → $153M (-$1.66M)
15% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Flaharty Asset Management
Clearwater,
Florida
|
+$1.42M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$977K |
| 3 |
CI
CX Institutional
Auburn,
Indiana
|
+$851K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$600K |
| 5 |
TSS
Two Sigma Securities
New York
|
+$511K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TNBTD
Trustmark National Bank Trust Department
Jackson,
Mississippi
|
-$582K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$553K |
| 3 |
Morgan Stanley
New York
|
-$469K |
| 4 |
LFAS
Level Four Advisory Services
Dallas,
Texas
|
-$359K |
| 5 |
LPL Financial
San Diego,
California
|
-$355K |
MDIV Hedge Fund Activity: Q3 2021 in Review
93 of the 5,728 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 Q3 2021, worth a combined $153M — down 1.1% from $155M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new MDIV positions and 5 closed out — a net gain of 8 holders — while 28 added to existing stakes and 33 trimmed.
The largest buyer was Flaharty Asset Management, adding an estimated $1.42M. The largest seller was Trustmark National Bank Trust Department, cutting an estimated $582K.
- 93 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q3 2021, up from 87 in Q2 2021.
- Funds reported $153M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q3 2021, down 1.1% quarter-over-quarter.
- 13 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q3 2021 and 5 closed out, a net change of +8 holders.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q3 2021 was Flaharty Asset Management, an estimated $1.42M added.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q3 2021 was Trustmark National Bank Trust Department, an estimated $582K sold.
Based on aggregated 13F filings for Q3 2021.