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

98 hedge funds and large institutions have $162M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2022 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 29 increasing their positions, 39 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 6

5% more funds holding

Funds holding: 9398 (+5)

1.64% more ownership

Funds ownership: 35.19%36.83% (+1.6%)

1% less capital invested

Capital invested by funds: $164M → $162M (-$2.05M)

26% less repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 39

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

Holders
98
Holders Change
+5
Holders Change %
+5.38%
% of All Funds
1.58%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.02%
New
14
Increased
29
Reduced
39
Closed
6
Calls
$28K
Puts
Net Calls
+$28K
Net Calls Change
+$26K
Name Holding Trade Value Shares
Change
Change in
Stake
Ameriprise
1
Ameriprise
Minnesota
$23.8M +$16.9M +1,118,049 +235%
FAM
2
Flaharty Asset Management
Florida
$21.3M +$1.7M +112,216 +9%
Morgan Stanley
3
Morgan Stanley
New York
$20.4M +$6.72M +443,570 +48%
LPL Financial
4
LPL Financial
California
$12.7M -$1.25M -82,477 -9%
Wells Fargo
5
Wells Fargo
California
$7.82M -$3.1M -204,328 -28%
SG
6
StoneX Group
New York
$6.54M +$371K +24,458 +6%
Bank of America
7
Bank of America
North Carolina
$5.72M -$640K -42,270 -10%
Osaic Holdings
8
Osaic Holdings
Arizona
$4.97M -$25.7K -1,699 -0.5%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$4.91M -$1.07M -70,391 -18%
RJA
10
Raymond James & Associates
Florida
$4.58M -$8.41M -555,324 -65%
UBS Group
11
UBS Group
Switzerland
$3.71M -$424K -27,991 -10%
CIAS
12
Capital Investment Advisory Services
North Carolina
$3.63M +$78.6K +5,185 +2%
HI
13
Harbour Investments
Wisconsin
$3.18M +$522K +34,448 +19%
Commonwealth Equity Services
14
Commonwealth Equity Services
Massachusetts
$3.02M -$175K -11,581 -5%
AAS
15
Ameritas Advisory Services
Nebraska
$2.87M +$407K +26,880 +16%
RJFSA
16
Raymond James Financial Services Advisors
Florida
$2.27M -$60.9K -4,017 -3%
Cambridge Investment Research Advisors
17
Cambridge Investment Research Advisors
Iowa
$1.84M -$943K -62,226 -34%
HIS
18
Harvest Investment Services
Illinois
$1.84M -$6.32K -417 -0.3%
CCA
19
Cottonwood Capital Advisors
Utah
$1.68M -$3.27K -216 -0.2%
CAN
20
Cetera Advisor Networks
California
$1.59M +$72.3K +4,771 +5%
Envestnet Asset Management
21
Envestnet Asset Management
Illinois
$1.39M -$8.54M -563,735 -86%
ECA
22
Elevated Capital Advisors
Utah
$1.37M +$43.1K +2,844 +3%
SPC
23
Sigma Planning Corp
Michigan
$1.26M -$48.4K -3,193 -4%
DAS
24
Dynamic Advisor Solutions
Arizona
$1.18M -$52K -3,430 -4%
IA
25
IFP Advisors
Florida
$1.17M -$30.8K -2,030 -3%

MDIV Hedge Fund Activity: Q4 2022 in Review

98 of the 6,221 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 2022, worth a combined $162M — down 1.3% from $164M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new MDIV positions and 6 closed out — a net gain of 8 holders — while 29 added to existing stakes and 39 trimmed.

The largest buyer was Ameriprise, adding an estimated $16.9M. The largest seller was Envestnet Asset Management, cutting an estimated $8.54M.

  • 98 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q4 2022, up from 93 in Q3 2022.
  • Funds reported $162M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q4 2022, down 1.3% quarter-over-quarter.
  • 14 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q4 2022 and 6 closed out, a net change of +8 holders.
  • The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q4 2022 was Ameriprise, an estimated $16.9M added.
  • The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q4 2022 was Envestnet Asset Management, an estimated $8.54M sold.

Based on aggregated 13F filings for Q4 2022.