First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
101 hedge funds and large institutions have $146M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2023 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 42 increasing their positions, 28 reducing their positions, and 8 closing their positions.
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
50% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 28
3% more funds holding
Funds holding: 98 → 101 (+3)
3.18% less ownership
Funds ownership: 36.83% → 33.65% (-3.2%)
10% less capital invested
Capital invested by funds: $162M → $146M (-$16.3M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$2.58M |
| 2 |
SOS
Silver Oak Securities
Jackson,
Tennessee
|
+$1.39M |
| 3 |
Morgan Stanley
New York
|
+$1.3M |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$896K |
| 5 |
EWM
Endowment Wealth Management
Appleton,
Wisconsin
|
+$636K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$17M |
| 2 |
SG
StoneX Group
New York
|
-$3.85M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.63M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$938K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$722K |
MDIV Hedge Fund Activity: Q1 2023 in Review
101 of the 6,283 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 2023, worth a combined $146M — down 10% from $162M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new MDIV positions and 8 closed out — a net gain of 5 holders — while 42 added to existing stakes and 28 trimmed.
The largest buyer was LPL Financial, adding an estimated $2.58M. The largest seller was Ameriprise, cutting an estimated $17M.
- 101 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q1 2023, up from 98 in Q4 2022.
- Funds reported $146M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q1 2023, down 10% quarter-over-quarter.
- 13 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q1 2023 and 8 closed out, a net change of +5 holders.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q1 2023 was LPL Financial, an estimated $2.58M added.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q1 2023 was Ameriprise, an estimated $17M sold.
Based on aggregated 13F filings for Q1 2023.