First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) Shares Bought by Cyndeo Wealth Partners LLC

Cyndeo Wealth Partners LLC lifted its position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 14.8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 6,926 shares of the exchange traded fund’s stock after buying an additional 892 shares during the quarter. Cyndeo Wealth Partners LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $279,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. grew its holdings in shares of First Trust Morningstar Dividend Leaders Index by 7.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,017,098 shares of the exchange traded fund’s stock worth $42,667,000 after acquiring an additional 71,997 shares during the last quarter. FMR LLC increased its stake in First Trust Morningstar Dividend Leaders Index by 67.8% in the 3rd quarter. FMR LLC now owns 23,074 shares of the exchange traded fund’s stock worth $968,000 after purchasing an additional 9,320 shares in the last quarter. CWM LLC raised its holdings in First Trust Morningstar Dividend Leaders Index by 59.5% during the 3rd quarter. CWM LLC now owns 18,411 shares of the exchange traded fund’s stock worth $772,000 after buying an additional 6,865 shares during the period. B. Riley Wealth Advisors Inc. lifted its stake in First Trust Morningstar Dividend Leaders Index by 15.5% during the second quarter. B. Riley Wealth Advisors Inc. now owns 86,644 shares of the exchange traded fund’s stock valued at $3,286,000 after buying an additional 11,607 shares in the last quarter. Finally, Blue Trust Inc. acquired a new position in shares of First Trust Morningstar Dividend Leaders Index in the third quarter worth about $46,000.

First Trust Morningstar Dividend Leaders Index Price Performance

FDL stock opened at $41.25 on Monday. The firm has a market capitalization of $4.30 billion, a P/E ratio of 12.51 and a beta of 0.73. First Trust Morningstar Dividend Leaders Index has a 52-week low of $35.45 and a 52-week high of $44.07. The company’s 50 day simple moving average is $41.43 and its 200-day simple moving average is $41.27.

First Trust Morningstar Dividend Leaders Index 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.