Ergawealth Advisors Inc. Has $480,000 Stock Holdings in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Ergawealth Advisors Inc. decreased its position in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 44.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 11,917 shares of the exchange traded fund’s stock after selling 9,561 shares during the quarter. Ergawealth Advisors Inc.’s holdings in First Trust Morningstar Dividend Leaders Index were worth $480,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Valley National Advisers Inc. lifted its stake in shares of First Trust Morningstar Dividend Leaders Index by 33.6% in the 4th quarter. Valley National Advisers Inc. now owns 3,386 shares of the exchange traded fund’s stock valued at $135,000 after purchasing an additional 852 shares during the period. JPMorgan Chase & Co. lifted its stake 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 valued at $42,667,000 after purchasing an additional 71,997 shares during the period. FMR LLC lifted its stake in shares of 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 valued at $968,000 after purchasing an additional 9,320 shares during the period. Strategic Financial Concepts LLC lifted its stake in shares of First Trust Morningstar Dividend Leaders Index by 111.2% in the 4th quarter. Strategic Financial Concepts LLC now owns 11,171 shares of the exchange traded fund’s stock valued at $450,000 after purchasing an additional 5,882 shares during the period. Finally, Blue Trust Inc. lifted its stake in shares of First Trust Morningstar Dividend Leaders Index by 84.0% in the 4th quarter. Blue Trust Inc. now owns 2,000 shares of the exchange traded fund’s stock valued at $81,000 after purchasing an additional 913 shares during the period.

First Trust Morningstar Dividend Leaders Index Stock Up 0.0 %

FDL stock opened at $43.33 on Friday. The business’s fifty day moving average is $41.41 and its 200-day moving average is $41.68. The company has a market cap of $4.94 billion, a P/E ratio of 19.12 and a beta of 0.90. First Trust Morningstar Dividend Leaders Index has a twelve month low of $36.25 and a twelve month high of $44.07.

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.