Advisory Alpha LLC lessened its stake in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL – Free Report) by 15.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 33,084 shares of the exchange traded fund’s stock after selling 6,090 shares during the period. Advisory Alpha LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $1,332,000 at the end of the most recent reporting period.
A number of other hedge funds also recently bought and sold shares of the company. Freedom Investment Management Inc. lifted its position in shares of First Trust Morningstar Dividend Leaders Index by 4.2% in the 3rd quarter. Freedom Investment Management Inc. now owns 6,074 shares of the exchange traded fund’s stock valued at $255,000 after acquiring an additional 245 shares in the last quarter. Aptus Capital Advisors LLC lifted its holdings in shares of First Trust Morningstar Dividend Leaders Index by 4.5% in the third quarter. Aptus Capital Advisors LLC now owns 5,853 shares of the exchange traded fund’s stock valued at $246,000 after purchasing an additional 250 shares in the last quarter. Creative Planning boosted its position in shares of First Trust Morningstar Dividend Leaders Index by 1.1% in the second quarter. Creative Planning now owns 29,159 shares of the exchange traded fund’s stock worth $1,106,000 after buying an additional 328 shares during the period. KMG Fiduciary Partners LLC grew its holdings in shares of First Trust Morningstar Dividend Leaders Index by 1.4% during the fourth quarter. KMG Fiduciary Partners LLC now owns 24,417 shares of the exchange traded fund’s stock valued at $983,000 after buying an additional 335 shares in the last quarter. Finally, Blair William & Co. IL grew its holdings in shares of First Trust Morningstar Dividend Leaders Index by 4.9% during the second quarter. Blair William & Co. IL now owns 7,773 shares of the exchange traded fund’s stock valued at $295,000 after buying an additional 364 shares in the last quarter.
First Trust Morningstar Dividend Leaders Index Trading Up 0.7 %
Shares of First Trust Morningstar Dividend Leaders Index stock opened at $41.41 on Wednesday. First Trust Morningstar Dividend Leaders Index has a 1 year low of $35.45 and a 1 year high of $44.07. The stock has a 50-day moving average price of $41.49 and a 200 day moving average price of $41.20. The company has a market cap of $4.32 billion, a P/E ratio of 12.51 and a beta of 0.73.
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.
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