First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
96 hedge funds and large institutions have $140M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2021 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 27 increasing their positions, 38 reducing their positions, and 11 closing their positions.
45% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 11
3% more funds holding
Funds holding: 93 → 96 (+3)
2.12% less ownership
Funds ownership: 32.47% → 30.35% (-2.1%)
29% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 38
50% less capital inflows, than outflows
Capital inflows: $12.1M | Capital outflows: $24.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Flaharty Asset Management
Clearwater,
Florida
|
+$2.48M |
| 2 |
StoneX Group
New York
|
+$1.2M |
| 3 |
CX Institutional
Auburn,
Indiana
|
+$1.11M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$477K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$341K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Trustmark National Bank Trust Department
Jackson,
Mississippi
|
-$13.8M |
| 2 |
Hardy Reed
Tupelo,
Mississippi
|
-$2.94M |
| 3 |
LPL Financial
San Diego,
California
|
-$1.68M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.25M |
| 5 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$892K |
MDIV Hedge Fund Activity: Q4 2021 in Review
96 of the 6,523 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 2021, worth a combined $140M — down 8.7% from $153M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new MDIV positions and 11 closed out — a net gain of 5 holders — while 27 added to existing stakes and 38 trimmed.
The largest buyer was Flaharty Asset Management, adding an estimated $2.48M. The largest seller was Trustmark National Bank Trust Department, cutting an estimated $13.8M.
- 96 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q4 2021, up from 93 in Q3 2021.
- Funds reported $140M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q4 2021, down 8.7% quarter-over-quarter.
- 16 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q4 2021 and 11 closed out, a net change of +5 holders.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q4 2021 was Flaharty Asset Management, an estimated $2.48M added.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q4 2021 was Trustmark National Bank Trust Department, an estimated $13.8M sold.
Based on aggregated 13F filings for Q4 2021.