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First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund

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.

New
Increased
Maintained
Reduced
Closed

160% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 5

7% more funds holding

Funds holding: 8793 (+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

Holders
93
Holders Change
+6
Holders Change %
+6.9%
% of All Funds
1.63%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
13
Increased
28
Reduced
33
Closed
5
Calls
$6K
Puts
Net Calls
+$6K
Net Calls Change
-$1K
Name Holding Trade Value Shares
Change
Change in
Stake
TNBTD
1
Trustmark National Bank Trust Department
Mississippi
$19.1M -$582K -34,953 -3%
FAM
2
Flaharty Asset Management
Florida
$17.2M +$1.42M +85,495 +9%
LPL Financial
3
LPL Financial
California
$15.3M -$355K -21,297 -2%
Wells Fargo
4
Wells Fargo
California
$11.4M -$66.3K -3,983 -0.6%
Morgan Stanley
5
Morgan Stanley
New York
$9.44M -$469K -28,174 -5%
Bank of America
6
Bank of America
North Carolina
$7.72M +$600K +36,039 +8%
Ameriprise
7
Ameriprise
Minnesota
$5.91M +$374K +22,440 +7%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$5.17M -$305K -18,286 -5%
Osaic Holdings
9
Osaic Holdings
Arizona
$5.01M -$253K -15,181 -5%
UBS Group
10
UBS Group
Switzerland
$4.11M -$202K -12,141 -5%
CIAS
11
Capital Investment Advisory Services
North Carolina
$3.91M -$138K -8,290 -3%
RJFSA
12
Raymond James Financial Services Advisors
Florida
$3.44M +$40.1K +2,409 +1%
SG
13
StoneX Group
New York
$3.42M +$351K +21,099 +11%
Cambridge Investment Research Advisors
14
Cambridge Investment Research Advisors
Iowa
$3M -$252K -15,100 -8%
HR
15
Hardy Reed
Mississippi
$2.94M
Commonwealth Equity Services
16
Commonwealth Equity Services
Massachusetts
$2.67M +$104K +6,236 +4%
RJA
17
Raymond James & Associates
Florida
$2.43M +$216K +12,959 +10%
HI
18
Harbour Investments
Wisconsin
$2.07M +$286K +17,183 +16%
HIS
19
Harvest Investment Services
Illinois
$2.03M -$57.7K -3,461 -3%
AIC
20
Ameritas Investment Company
Nebraska
$1.65M +$140K +8,421 +9%
DAS
21
Dynamic Advisor Solutions
Arizona
$1.55M +$212K +12,717 +16%
SPC
22
Sigma Planning Corp
Michigan
$1.35M +$17.1K +1,025 +1%
ECA
23
Elevated Capital Advisors
Utah
$1.34M +$1.36M +81,485 New
GWM
24
Geneos Wealth Management
Colorado
$1.33M -$16.6K -997 -1%
CWM
25
Cornerstone Wealth Management
Missouri
$1.04M -$10.1K -607 -1%

MDIV Hedge Fund Activity: Q3 2021 in Review

93 of the 5,712 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.