High Trading Volume for First Trust Multi-Asset Diversified Income ETF

The First Trust Multi-Asset Diversified Income Index Fund ETF is experiencing notable trading activity this afternoon, with over 201,000 shares exchanged. This figure significantly exceeds the three-month average volume of approximately 89,000 shares. As of now, shares of MDIV have decreased by roughly 0.3% for the day.

Noteworthy ETF Components

Among the ETF’s components, Pfizer led in trading volume on Wednesday, with over 19.4 million shares traded and a decline of about 2.7%. AT&T also showed substantial movement, dropping approximately 0.3% with over 11.4 million shares changing hands. In contrast, Cal-Maine Foods showed resilience, gaining around 0.4% for the day. Meanwhile, Eversource Energy stands out for its poor performance, falling about 2.9% among the ETF’s various holdings.

VIDEO: Wednesday’s ETF with Unusual Volume: MDIV

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