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

95 hedge funds and large institutions have $148M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2024 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 32 increasing their positions, 30 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

249% more call options, than puts

Call options by funds: $129K | Put options by funds: $37K

50% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 8

12% more capital invested

Capital invested by funds: $133M → $148M (+$15.6M)

2% more funds holding

Funds holding: 93 → 95 (+2)

1.68% more ownership

Funds ownership: 32.13% → 33.82% (+1.7%)

7% more repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 30

Holders
95
Holders Change
+2
Holders Change %
+2.15%
% of All Funds
1.36%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
12
Increased
32
Reduced
30
Closed
8
Calls
$129K
Puts
$37K
Net Calls
+$92K
Net Calls Change
+$89K

Top Buyers

1
LPL Financial
LPL Financial
California
+$3.24M
2
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
+$1.79M
3
WS
Wedbush Securities
California
+$642K
4
Morgan Stanley
Morgan Stanley
New York
+$601K
5
AWA
Authentikos Wealth Advisory
California
+$601K

Top Sellers

1
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$558K
2
Bank of America
Bank of America
North Carolina
-$521K
3
AA
Apriem Advisors
California
-$371K
4
RIA
Realta Investment Advisors
Delaware
-$347K
5
IAIM
International Assets Investment Management
Florida
-$326K
Name Holding Trade Value Shares
Change 		Change in
Stake
FAM
1
Flaharty Asset Management
Florida
$22.9M +$418K +25,729 +2%
LPL Financial
2
LPL Financial
California
$16.2M +$3.24M +198,924 +26%
Morgan Stanley
3
Morgan Stanley
New York
$13.3M +$601K +36,960 +5%
Commonwealth Equity Services
4
Commonwealth Equity Services
Massachusetts
$10.2M +$1.79M +110,042 +22%
Bank of America
5
Bank of America
North Carolina
$8.96M -$521K -32,048 -6%
Ameriprise
6
Ameriprise
Minnesota
$8.06M +$91.3K +5,612 +1%
Wells Fargo
7
Wells Fargo
California
$5.84M +$422K +25,925 +8%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$5.37M -$558K -34,307 -10%
HI
9
Harbour Investments
Wisconsin
$4.82M +$271K +16,667 +6%
CIAS
10
Capital Investment Advisory Services
North Carolina
$4.09M +$73.8K +4,537 +2%
Cetera Investment Advisers
11
Cetera Investment Advisers
Illinois
$3.45M -$39.9K -2,455 -1%
RJFSA
12
Raymond James Financial Services Advisors
Florida
$2.87M +$170K +10,428 +6%
Osaic Holdings
13
Osaic Holdings
Arizona
$2.4M +$134K +8,208 +6%
AAS
14
Ameritas Advisory Services
Nebraska
$2.16M -$244K -15,020 -10%
Cambridge Investment Research Advisors
15
Cambridge Investment Research Advisors
Iowa
$2.04M +$159K +9,782 +9%
Janney Montgomery Scott
16
Janney Montgomery Scott
Pennsylvania
$1.99M +$244K +15,006 +14%
KAS
17
Kestra Advisory Services
Texas
$1.94M -$266K -16,326 -12%
HIS
18
Harvest Investment Services
Illinois
$1.9M -$22.2K -1,366 -1%
RJA
19
Raymond James & Associates
Florida
$1.51M +$8.49K +522 +0.6%
UBS Group
20
UBS Group
Switzerland
$1.5M +$56.2K +3,456 +4%
RW
21
Rockport Wealth
Ohio
$1.33M +$572K +35,143 +78%
ECA
22
Elevated Capital Advisors
Utah
$1.32M -$6.34K -390 -0.5%
WS
23
Wedbush Securities
California
$1.3M +$642K +39,451 +102%
TA
24
TrueWealth Advisors
Alabama
$1.26M -$4.44K -273 -0.4%
CCA
25
Cottonwood Capital Advisors
Utah
$1.21M -$277K -17,012 -19%
1
2 3 4 5

MDIV Hedge Fund Activity: Q3 2024 in Review

95 of the 6,964 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 Q3 2024, worth a combined $148M — up 12% from $133M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new MDIV positions and 8 closed out — a net gain of 4 holders — while 32 added to existing stakes and 30 trimmed.

The largest buyer was LPL Financial, adding an estimated $3.24M. The largest seller was Royal Bank of Canada, cutting an estimated $558K.

  • 95 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q3 2024, up from 93 in Q2 2024.
  • Funds reported $148M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q3 2024, up 12% quarter-over-quarter.
  • 12 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q3 2024 and 8 closed out, a net change of +4 holders.
  • The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q3 2024 was LPL Financial, an estimated $3.24M added.
  • The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q3 2024 was Royal Bank of Canada, an estimated $558K sold.

Based on aggregated 13F filings for Q3 2024.