Mainstay Capital Management acquired 961,923 shares of First Trust Exchange-Traded Fund VI – First Trust NASDAQ Technology Dividend Index Fund, totaling approximately $94.84 million. This purchase now represents 9.51% of the firm’s 13F reportable assets under management. The ETF focuses on dividend-paying technology and telecommunications companies, with TDIV shares priced at $100.91 as of December 9, 2025, showing a 26.5% one-year price increase. Mainstay Capital’s move suggests optimism in the ETF’s potential growth and benefits from the AI market expansion.
Investors may find the TDIV ETF attractive for its exposure to the tech and telecom sectors, which are poised to benefit from the rise of artificial intelligence. This ETF offers a combination of growth potential and income generation through dividends, with Mainstay Capital’s significant purchase signaling confidence in the sector. While there are risks due to industry volatility, the AI market’s promising outlook could make now a strategic time to consider investing in the TDIV ETF.
Read more at Nasdaq: Is Now the Time to Invest in the TDIV ETF After Mainstay Capital Bought Shares Worth $94.8 Million?
