Janney Montgomery Scott LLC Has $23.74 Million Stock Position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Janney Montgomery Scott LLC boosted its position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 0.5% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 565,850 shares of the exchange traded fund’s stock after purchasing an additional 3,032 shares during the period. Janney Montgomery Scott LLC owned about 0.54% of First Trust Morningstar Dividend Leaders Index worth $23,737,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of FDL. Kingsview Wealth Management LLC lifted its position in First Trust Morningstar Dividend Leaders Index by 10.2% during the first quarter. Kingsview Wealth Management LLC now owns 34,579 shares of the exchange traded fund’s stock worth $1,331,000 after acquiring an additional 3,211 shares during the last quarter. D.A. Davidson & CO. lifted its position in First Trust Morningstar Dividend Leaders Index by 1.2% during the second quarter. D.A. Davidson & CO. now owns 221,565 shares of the exchange traded fund’s stock worth $8,404,000 after acquiring an additional 2,615 shares during the last quarter. Belpointe Asset Management LLC lifted its position in First Trust Morningstar Dividend Leaders Index by 9.9% during the second quarter. Belpointe Asset Management LLC now owns 17,388 shares of the exchange traded fund’s stock worth $660,000 after acquiring an additional 1,571 shares during the last quarter. Aptus Capital Advisors LLC acquired a new stake in First Trust Morningstar Dividend Leaders Index during the second quarter worth approximately $213,000. Finally, CWM LLC lifted its position in First Trust Morningstar Dividend Leaders Index by 59.5% during the third quarter. CWM LLC now owns 18,411 shares of the exchange traded fund’s stock worth $772,000 after acquiring an additional 6,865 shares during the last quarter.

First Trust Morningstar Dividend Leaders Index Stock Down 0.4 %

Shares of FDL stock opened at $41.69 on Tuesday. The firm has a 50 day moving average price of $41.75 and a two-hundred day moving average price of $39.77. The company has a market capitalization of $4.35 billion, a PE ratio of 12.51 and a beta of 0.73. First Trust Morningstar Dividend Leaders Index has a 12-month low of $32.30 and a 12-month high of $42.70.

About First Trust Morningstar Dividend Leaders Index

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.