First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
93 hedge funds and large institutions have $150M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2022 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 31 increasing their positions, 29 reducing their positions, and 14 closing their positions.
7% more capital invested
Capital invested by funds: $140M → $150M (+$10.2M)
7% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 29
0.74% more ownership
Funds ownership: 30.4% → 31.14% (+0.74%)
4% less funds holding
Funds holding: 97 → 93 (-4)
14% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.9M |
| 2 |
WA
Win Advisors
Palm Beach Gardens,
Florida
|
+$2.78M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.29M |
| 4 |
FAM
Flaharty Asset Management
Clearwater,
Florida
|
+$1.35M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TNBTD
Trustmark National Bank Trust Department
Jackson,
Mississippi
|
-$3.41M |
| 2 |
CI
CX Institutional
Auburn,
Indiana
|
-$1.95M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.22M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$970K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$367K |
MDIV Hedge Fund Activity: Q1 2022 in Review
93 of the 6,340 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 2022, worth a combined $150M — up 7.3% from $140M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of MDIV and 12 opened new positions — a net loss of 2 holders — while 29 trimmed existing stakes and 31 added.
The largest buyer was Ameriprise, adding an estimated $2.9M. The largest seller was Trustmark National Bank Trust Department, cutting an estimated $3.41M.
- 93 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q1 2022, down from 97 in Q4 2021.
- Funds reported $150M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q1 2022, up 7.3% quarter-over-quarter.
- 12 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q1 2022 and 14 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 2022 was Ameriprise, an estimated $2.9M added.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q1 2022 was Trustmark National Bank Trust Department, an estimated $3.41M sold.
Based on aggregated 13F filings for Q1 2022.