First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
104 hedge funds and large institutions have $165M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2025 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 36 increasing their positions, 29 reducing their positions, and 11 closing their positions.
567% more call options, than puts
Call options by funds: $40K | Put options by funds: $6K
24% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 29
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
8% more capital invested
Capital invested by funds: $153M → $165M (+$12.1M)
1.82% more ownership
Funds ownership: 34.81% → 36.63% (+1.8%)
1% more funds holding
Funds holding: 103 → 104 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Elevation Capital Advisory
Bend,
Oregon
|
+$3.17M |
| 2 |
RW
Rockport Wealth
Fairview Park,
Ohio
|
+$2.17M |
| 3 |
FAM
Flaharty Asset Management
Clearwater,
Florida
|
+$1.66M |
| 4 |
LPL Financial
San Diego,
California
|
+$1.66M |
| 5 |
Rockefeller Capital Management
New York
|
+$1.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$1.56M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$742K |
| 3 |
AWA
Authentikos Wealth Advisory
Morgan Hill,
California
|
-$596K |
| 4 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$594K |
| 5 |
SA
Sanctuary Advisors
Indianapolis,
Indiana
|
-$467K |
MDIV Hedge Fund Activity: Q1 2025 in Review
104 of the 7,459 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 2025, worth a combined $165M — up 7.9% from $153M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new MDIV positions and 11 closed out — a net gain of 2 holders — while 36 added to existing stakes and 29 trimmed.
The largest buyer was Elevation Capital Advisory, opening a new position worth an estimated $3.17M. The largest seller was Janney Montgomery Scott, cutting an estimated $1.56M.
- 104 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q1 2025, up from 103 in Q4 2024.
- Funds reported $165M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q1 2025, up 7.9% quarter-over-quarter.
- 13 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q1 2025 and 11 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 2025 was Elevation Capital Advisory, an estimated $3.17M added.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q1 2025 was Janney Montgomery Scott, an estimated $1.56M sold.
Based on aggregated 13F filings for Q1 2025.