First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
100 hedge funds and large institutions have $159M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2023 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 30 increasing their positions, 42 reducing their positions, and 7 closing their positions.
150% more call options, than puts
Call options by funds: $5K | Put options by funds: $2K
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
16% more capital invested
Capital invested by funds: $137M → $159M (+$22.2M)
4% more funds holding
Funds holding: 96 → 100 (+4)
2.1% more ownership
Funds ownership: 33.1% → 35.2% (+2.1%)
29% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$7.1M |
| 2 |
GM
GeoWealth Management
Chicago,
Illinois
|
+$5.66M |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$3.46M |
| 4 |
SOS
Silver Oak Securities
Jackson,
Tennessee
|
+$1.91M |
| 5 |
Lido Advisors
Los Angeles,
California
|
+$860K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.09M |
| 2 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
-$2.46M |
| 3 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
-$656K |
| 4 |
LPL Financial
San Diego,
California
|
-$507K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$477K |
MDIV Hedge Fund Activity: Q4 2023 in Review
100 of the 6,869 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 2023, worth a combined $159M — up 16% from $137M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new MDIV positions and 7 closed out — a net gain of 6 holders — while 30 added to existing stakes and 42 trimmed.
The largest buyer was Ameriprise, adding an estimated $7.1M. The largest seller was Morgan Stanley, cutting an estimated $5.09M.
- 100 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q4 2023, up from 96 in Q3 2023.
- Funds reported $159M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q4 2023, up 16% quarter-over-quarter.
- 13 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q4 2023 and 7 closed out, a net change of +6 holders.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q4 2023 was Ameriprise, an estimated $7.1M added.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q4 2023 was Morgan Stanley, an estimated $5.09M sold.
Based on aggregated 13F filings for Q4 2023.