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

93 hedge funds and large institutions have $133M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2024 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 29 increasing their positions, 39 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

9% more call options, than puts

Call options by funds: $37K | Put options by funds: $34K

1.75% less ownership

Funds ownership: 33.88%32.13% (-1.7%)

7% less funds holding

Funds holding: 10093 (-7)

10% less capital invested

Capital invested by funds: $147M → $133M (-$14.5M)

26% less repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 39

50% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 10

Holders
93
Holders Change
-7
Holders Change %
-7%
% of All Funds
1.34%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
29
Reduced
39
Closed
10
Calls
$37K
Puts
$34K
Net Calls
+$3K
Net Calls Change
-$13K
Name Holding Trade Value Shares
Change
Change in
Stake
FAM
1
Flaharty Asset Management
Florida
$21.3M +$367K +23,415 +2%
LPL Financial
2
LPL Financial
California
$12.2M +$331K +21,118 +3%
Morgan Stanley
3
Morgan Stanley
New York
$12M -$7.49M -477,811 -38%
Bank of America
4
Bank of America
North Carolina
$8.97M +$1.8M +114,941 +25%
Commonwealth Equity Services
5
Commonwealth Equity Services
Massachusetts
$7.92M +$1.33M +84,518 +20%
Ameriprise
6
Ameriprise
Minnesota
$7.55M -$2.03M -129,388 -21%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$5.62M +$55.7K +3,553 +1%
Wells Fargo
8
Wells Fargo
California
$5.11M -$239K -15,237 -4%
HI
9
Harbour Investments
Wisconsin
$4.3M +$38.4K +2,448 +0.9%
CIAS
10
Capital Investment Advisory Services
North Carolina
$3.8M -$5.98K -381 -0.2%
Cetera Investment Advisers
11
Cetera Investment Advisers
Illinois
$3.3M -$5.33K -340 -0.2%
RJFSA
12
Raymond James Financial Services Advisors
Florida
$2.54M +$17.8K +1,136 +0.7%
AAS
13
Ameritas Advisory Services
Nebraska
$2.28M -$164K -10,434 -7%
Osaic Holdings
14
Osaic Holdings
Arizona
$2.14M -$649K -41,384 -23%
KAS
15
Kestra Advisory Services
Texas
$2.09M +$186K +11,832 +10%
HIS
16
Harvest Investment Services
Illinois
$1.82M -$26.9K -1,712 -1%
Cambridge Investment Research Advisors
17
Cambridge Investment Research Advisors
Iowa
$1.77M +$124K +7,926 +8%
Janney Montgomery Scott
18
Janney Montgomery Scott
Pennsylvania
$1.65M +$153K +9,767 +10%
RJA
19
Raymond James & Associates
Florida
$1.42M -$335K -21,370 -19%
CCA
20
Cottonwood Capital Advisors
Utah
$1.41M -$26.5K -1,689 -2%
UBS Group
21
UBS Group
Switzerland
$1.36M -$229K -14,586 -14%
ECA
22
Elevated Capital Advisors
Utah
$1.25M -$2.01K -128 -0.2%
TA
23
TrueWealth Advisors
Alabama
$1.2M -$77K -4,907 -6%
SPC
24
Sigma Planning Corp
Michigan
$1.1M -$18.9K -1,202 -2%
Stifel Financial
25
Stifel Financial
Missouri
$968K -$14.3K -910 -1%

MDIV Hedge Fund Activity: Q2 2024 in Review

93 of the 6,924 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 2024, worth a combined $133M — down 9.8% from $147M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of MDIV and 5 opened new positions — a net loss of 5 holders — while 39 trimmed existing stakes and 29 added.

The largest buyer was Bank of America, adding an estimated $1.8M. The largest seller was Morgan Stanley, cutting an estimated $7.49M.

  • 93 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q2 2024, down from 100 in Q1 2024.
  • Funds reported $133M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q2 2024, down 9.8% quarter-over-quarter.
  • 5 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q2 2024 and 10 closed out, a net change of -5 holders.
  • The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q2 2024 was Bank of America, an estimated $1.8M added.
  • The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q2 2024 was Morgan Stanley, an estimated $7.49M sold.

Based on aggregated 13F filings for Q2 2024.