Daymark Wealth Partners LLC Has $1.01 Million Stake in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Daymark Wealth Partners LLC boosted its holdings in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 2.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 24,067 shares of the exchange traded fund’s stock after purchasing an additional 644 shares during the quarter. Daymark Wealth Partners LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $1,010,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of FDL. Pathway Financial Advisers LLC grew its holdings in First Trust Morningstar Dividend Leaders Index by 124.5% during the second quarter. Pathway Financial Advisers LLC now owns 723 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 401 shares in the last quarter. Whittier Trust Co. of Nevada Inc. bought a new stake in shares of First Trust Morningstar Dividend Leaders Index in the 2nd quarter worth $38,000. Sound Income Strategies LLC purchased a new stake in shares of First Trust Morningstar Dividend Leaders Index in the first quarter valued at about $62,000. Strategic Financial Concepts LLC lifted its position in shares of First Trust Morningstar Dividend Leaders Index by 1,737.5% during the second quarter. Strategic Financial Concepts LLC now owns 164,030 shares of the exchange traded fund’s stock valued at $62,000 after purchasing an additional 155,103 shares in the last quarter. Finally, Transcendent Capital Group LLC purchased a new position in First Trust Morningstar Dividend Leaders Index during the fourth quarter worth about $79,000.

First Trust Morningstar Dividend Leaders Index Stock Performance

NYSEARCA:FDL opened at $41.76 on Friday. First Trust Morningstar Dividend Leaders Index has a 52 week low of $31.47 and a 52 week high of $42.21. The firm has a 50-day moving average price of $41.08 and a two-hundred day moving average price of $39.25. The firm has a market cap of $4.36 billion, a price-to-earnings ratio of 12.51 and a beta of 0.73.

First Trust Morningstar Dividend Leaders Index Company Profile

First Trust Morningstar Dividend Leaders Index Fund, seeks investment results that correspond generally to the price and yield of an equity index called the Morningstar Dividend Leaders Index (the Index). The Fund will invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the Index.