First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
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.
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: 100 → 93 (-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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.8M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.33M |
| 3 |
FAM
Flaharty Asset Management
Clearwater,
Florida
|
+$367K |
| 4 |
LPL Financial
San Diego,
California
|
+$331K |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$186K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$7.49M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.03M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.4M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$931K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$649K |
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.