First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
101 hedge funds and large institutions have $173M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2025 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 33 increasing their positions, 36 reducing their positions, and 10 closing their positions.
2.07% more ownership
Funds ownership: 36.62% → 38.69% (+2.1%)
4% more capital invested
Capital invested by funds: $165M → $173M (+$7.31M)
8% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 36
3% less funds holding
Funds holding: 104 → 101 (-3)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
62% less call options, than puts
Call options by funds: $49K | Put options by funds: $128K
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$14.4M |
| 2 |
FAM
Flaharty Asset Management
Clearwater,
Florida
|
+$960K |
| 3 |
TCWM
Total Clarity Wealth Management
St. Charles,
Illinois
|
+$896K |
| 4 |
FGA
Fortis Group Advisors
Westwood,
New Jersey
|
+$806K |
| 5 |
P
&Partners
Nashville,
Tennessee
|
+$758K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Elevation Capital Advisory
Bend,
Oregon
|
-$3.16M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.13M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$524K |
| 4 |
CCIA
Cherry Creek Investment Advisors
Englewood,
Colorado
|
-$453K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$365K |
MDIV Hedge Fund Activity: Q2 2025 in Review
101 of the 7,613 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 2025, worth a combined $173M — up 4.4% from $165M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of MDIV and 7 opened new positions — a net loss of 3 holders — while 36 trimmed existing stakes and 33 added.
The largest buyer was Ameriprise, adding an estimated $14.4M. The largest seller was Elevation Capital Advisory, exiting entirely with an estimated $3.16M sold.
- 101 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q2 2025, down from 104 in Q1 2025.
- Funds reported $173M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q2 2025, up 4.4% quarter-over-quarter.
- 7 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q2 2025 and 10 closed out, a net change of -3 holders.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q2 2025 was Ameriprise, an estimated $14.4M added.
- The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q2 2025 was Elevation Capital Advisory, an estimated $3.16M sold.
Based on aggregated 13F filings for Q2 2025.