First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) Shares Acquired by Next Level Private LLC

Next Level Private LLC increased its holdings in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 5.7% in the 4th quarter, HoldingsChannel reports. The firm owned 245,266 shares of the exchange traded fund’s stock after acquiring an additional 13,176 shares during the period. First Trust Morningstar Dividend Leaders Index makes up approximately 4.0% of Next Level Private LLC’s holdings, making the stock its 4th largest holding. Next Level Private LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $9,874,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Pathway Financial Advisers LLC grew its stake 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 purchasing an additional 401 shares during the period. Moisand Fitzgerald Tamayo LLC acquired a new stake in First Trust Morningstar Dividend Leaders Index in the third quarter valued at approximately $39,000. Blue Trust Inc. acquired a new stake in First Trust Morningstar Dividend Leaders Index in the third quarter valued at approximately $46,000. Valley National Advisers Inc. grew its stake in First Trust Morningstar Dividend Leaders Index by 339.2% in the third quarter. Valley National Advisers Inc. now owns 2,534 shares of the exchange traded fund’s stock valued at $105,000 after acquiring an additional 1,957 shares during the period. Finally, Assetmark Inc. grew its stake in First Trust Morningstar Dividend Leaders Index by 14.4% in the third quarter. Assetmark Inc. now owns 3,042 shares of the exchange traded fund’s stock valued at $128,000 after acquiring an additional 382 shares during the period.

First Trust Morningstar Dividend Leaders Index Stock Performance

Shares of First Trust Morningstar Dividend Leaders Index stock opened at $41.98 on Tuesday. First Trust Morningstar Dividend Leaders Index has a 52 week low of $35.45 and a 52 week high of $44.07. The stock has a 50 day moving average price of $41.42 and a two-hundred day moving average price of $41.29. The stock has a market capitalization of $4.38 billion, a PE 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.