First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
94 hedge funds and large institutions have $140M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2023 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 37 increasing their positions, 30 reducing their positions, and 12 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 30
17% more call options, than puts
Call options by funds: $27K | Put options by funds: $23K
0.52% less ownership
Funds ownership: 33.65% → 33.13% (-0.52%)
4% less capital invested
Capital invested by funds: $146M → $140M (-$5.79M)
7% less funds holding
Funds holding: 101 → 94 (-7)
50% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.32M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$1.05M |
| 3 |
GM
GeoWealth Management
Chicago,
Illinois
|
+$1.03M |
| 4 |
SHFP
Second Half Financial Partners
Sebring,
Florida
|
+$579K |
| 5 |
FAM
Flaharty Asset Management
Clearwater,
Florida
|
+$461K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.54M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$2.09M |
| 3 |
SOS
Silver Oak Securities
Jackson,
Tennessee
|
-$948K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$884K |
| 5 |
SIM
SSI Investment Management
Los Angeles,
California
|
-$465K |
MDIV Hedge Fund Activity: Q2 2023 in Review
94 of the 6,383 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 Q2 2023, worth a combined $140M — down 4% from $146M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of MDIV and 6 opened new positions — a net loss of 6 holders — while 30 trimmed existing stakes and 37 added.
The largest buyer was Bank of America, adding an estimated $1.32M. The largest seller was Morgan Stanley, cutting an estimated $3.54M.
- 94 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q2 2023, down from 101 in Q1 2023.
- Funds reported $140M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q2 2023, down 4% quarter-over-quarter.
- 6 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q2 2023 and 12 closed out, a net change of -6 holders.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q2 2023 was Bank of America, an estimated $1.32M added.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q2 2023 was Morgan Stanley, an estimated $3.54M sold.
Based on aggregated 13F filings for Q2 2023.