First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
97 hedge funds and large institutions have $150M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2024 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 32 increasing their positions, 31 reducing their positions, and 8 closing their positions.
249% more call options, than puts
Call options by funds: $129K | Put options by funds: $37K
162% more capital inflows, than outflows
Capital inflows: $13.3M | Capital outflows: $5.06M
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
3% more funds holding
Funds holding: 94 → 97 (+3)
1.55% more ownership
Funds ownership: 32.51% → 34.06% (+1.5%)
3% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$3.24M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.79M |
| 3 |
Wedbush Securities
Los Angeles,
California
|
+$642K |
| 4 |
Morgan Stanley
New York
|
+$601K |
| 5 |
Authentikos Wealth Advisory
Morgan Hill,
California
|
+$601K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
StoneX Group
New York
|
-$596K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$558K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$521K |
| 4 |
Apriem Advisors
Irvine,
California
|
-$371K |
| 5 |
Realta Investment Advisors
Wilmington,
Delaware
|
-$347K |
MDIV Hedge Fund Activity: Q3 2024 in Review
97 of the 6,987 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 $150M — up 11% from $134M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new MDIV positions and 8 closed out — a net gain of 5 holders — while 32 added to existing stakes and 31 trimmed.
The largest buyer was LPL Financial, adding an estimated $3.24M. The largest seller was StoneX Group, cutting an estimated $596K.
- 97 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q3 2024, up from 94 in Q2 2024.
- Funds reported $150M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q3 2024, up 11% quarter-over-quarter.
- 13 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 +5 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 StoneX Group, an estimated $596K sold.
Based on aggregated 13F filings for Q3 2024.