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

93 hedge funds and large institutions have $137M 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, 36 increasing their positions, 30 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 30

17% more call options, than puts

Call options by funds: $27K | Put options by funds: $23K

0.54% less ownership

Funds ownership: 33.02%32.49% (-0.54%)

2% less capital invested

Capital invested by funds: $140M → $137M (-$2.36M)

7% less funds holding

Funds holding: 10093 (-7)

50% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 12

Holders
93
Holders Change
-7
Holders Change %
-7%
% of All Funds
1.46%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
36
Reduced
30
Closed
12
Calls
$27K
Puts
$23K
Net Calls
+$4K
Net Calls Change
-$13K
Name Holding Trade Value Shares
Change
Change in
Stake
FAM
1
Flaharty Asset Management
Florida
$21.5M +$461K +31,843 +2%
Morgan Stanley
2
Morgan Stanley
New York
$17.5M -$3.54M -244,344 -17%
LPL Financial
3
LPL Financial
California
$14.5M -$284K -19,594 -2%
Ameriprise
4
Ameriprise
Minnesota
$7.45M +$373K +25,776 +5%
Bank of America
5
Bank of America
North Carolina
$6.53M +$1.32M +90,982 +25%
Wells Fargo
6
Wells Fargo
California
$5.17M -$884K -61,034 -15%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$4.27M -$327K -22,583 -7%
Osaic Holdings
8
Osaic Holdings
Arizona
$3.71M -$437K -30,177 -11%
CIAS
9
Capital Investment Advisory Services
North Carolina
$3.67M +$23.9K +1,650 +0.7%
Commonwealth Equity Services
10
Commonwealth Equity Services
Massachusetts
$3.63M +$224K +15,445 +7%
HI
11
Harbour Investments
Wisconsin
$3.5M -$85.2K -5,884 -2%
UBS Group
12
UBS Group
Switzerland
$3.43M -$349K -24,085 -9%
AAS
13
Ameritas Advisory Services
Nebraska
$2.84M +$263K +18,145 +10%
RJFSA
14
Raymond James Financial Services Advisors
Florida
$2.51M +$186K +12,842 +8%
CAN
15
Cetera Advisor Networks
California
$2.4M +$359K +24,764 +18%
RJA
16
Raymond James & Associates
Florida
$1.8M -$2.09M -144,133 -54%
KAS
17
Kestra Advisory Services
Texas
$1.71M +$19.5K +1,346 +1%
HIS
18
Harvest Investment Services
Illinois
$1.71M -$66.4K -4,585 -4%
Cambridge Investment Research Advisors
19
Cambridge Investment Research Advisors
Iowa
$1.69M -$241K -16,667 -13%
TA
20
TrueWealth Advisors
Alabama
$1.61M +$224K +15,444 +16%
Janney Montgomery Scott
21
Janney Montgomery Scott
Pennsylvania
$1.6M +$1.05M +72,699 +194%
CCA
22
Cottonwood Capital Advisors
Utah
$1.56M -$57K -3,934 -4%
AWS
23
Atria Wealth Solutions
New York
$1.23M +$160K +11,019 +15%
ECA
24
Elevated Capital Advisors
Utah
$1.11M -$251K -17,359 -19%
GM
25
GeoWealth Management
Illinois
$1.03M +$1.03M +70,808 New

MDIV Hedge Fund Activity: Q2 2023 in Review

93 of the 6,369 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 $137M — down 1.7% from $140M 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 36 added.

The largest buyer was Bank of America, adding an estimated $1.32M. The largest seller was Morgan Stanley, cutting an estimated $3.54M.

  • 93 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q2 2023, down from 100 in Q1 2023.
  • Funds reported $137M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q2 2023, down 1.7% 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.