First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) Shares Sold by Nations Financial Group Inc. IA ADV

Nations Financial Group Inc. IA ADV decreased its holdings in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 9.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 30,201 shares of the exchange traded fund’s stock after selling 3,131 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in First Trust Morningstar Dividend Leaders Index were worth $1,216,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Blue Trust Inc. acquired a new position in shares of First Trust Morningstar Dividend Leaders Index in the third quarter worth about $46,000. Synergy Asset Management LLC acquired a new position in First Trust Morningstar Dividend Leaders Index in the 4th quarter worth approximately $46,000. Valley National Advisers Inc. grew its position in First Trust Morningstar Dividend Leaders Index by 339.2% during the 3rd quarter. Valley National Advisers Inc. now owns 2,534 shares of the exchange traded fund’s stock worth $105,000 after purchasing an additional 1,957 shares in the last quarter. Assetmark Inc. raised its stake in First Trust Morningstar Dividend Leaders Index by 14.4% during the 3rd quarter. Assetmark Inc. now owns 3,042 shares of the exchange traded fund’s stock valued at $128,000 after purchasing an additional 382 shares during the period. Finally, Crews Bank & Trust purchased a new stake in shares of First Trust Morningstar Dividend Leaders Index in the fourth quarter valued at $143,000.

First Trust Morningstar Dividend Leaders Index Price Performance

NYSEARCA:FDL opened at $42.59 on Monday. The stock has a market cap of $4.44 billion, a PE ratio of 12.51 and a beta of 0.73. First Trust Morningstar Dividend Leaders Index has a fifty-two week low of $36.01 and a fifty-two week high of $44.07. The stock’s 50-day moving average is $41.06 and its two-hundred day moving average is $41.48.

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.