First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
101 hedge funds and large institutions have $150M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 35 increasing their positions, 38 reducing their positions, and 8 closing their positions.
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
1% more funds holding
Funds holding: 100 → 101 (+1)
0.64% less ownership
Funds ownership: 35.2% → 34.56% (-0.64%)
8% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 38
6% less capital invested
Capital invested by funds: $159M → $150M (-$8.86M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.81M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$2.97M |
| 3 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
+$1.89M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.52M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GM
GeoWealth Management
Chicago,
Illinois
|
-$8.4M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$5.88M |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$3.43M |
| 4 |
FAM
Flaharty Asset Management
Clearwater,
Florida
|
-$3.36M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$2.12M |
MDIV Hedge Fund Activity: Q1 2024 in Review
101 of the 6,958 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 2024, worth a combined $150M — down 5.6% from $159M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new MDIV positions and 8 closed out — a net gain of 2 holders — while 35 added to existing stakes and 38 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $6.81M. The largest seller was GeoWealth Management, exiting entirely with an estimated $8.4M sold.
- 101 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q1 2024, up from 100 in Q4 2023.
- Funds reported $150M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q1 2024, down 5.6% quarter-over-quarter.
- 10 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q1 2024 and 8 closed out, a net change of +2 holders.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q1 2024 was Morgan Stanley, an estimated $6.81M added.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q1 2024 was GeoWealth Management, an estimated $8.4M sold.
Based on aggregated 13F filings for Q1 2024.