Unusual Volume Alert for MDIV ETF This Friday

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The First Trust Multi-Asset Diversified Income Index Fund ETF (MDIV) experienced unusually high trading volume on Friday, with over 334,000 shares traded compared to a three-month average of approximately 80,000 shares. The ETF’s shares were down about 0.3% on the day.

AT&T (T) topped the trading volume among MDIV components with more than 7.9 million shares exchanged, down 2.4%. Pfizer (PFE) followed closely, trading over 6.4 million shares at a decline of 1.2%. Omega Healthcare Investors (OHI) was the only component showing gains, up 2.1%, while Bristol-Myers Squibb (BMY) dropped by 3.2%.

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