Tucker Asset Management LLC Sells 2,918 Shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Tucker Asset Management LLC trimmed its position in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 30.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,657 shares of the exchange traded fund’s stock after selling 2,918 shares during the period. Tucker Asset Management LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $268,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its position in shares of First Trust Morningstar Dividend Leaders Index by 1.7% during the fourth quarter. JPMorgan Chase & Co. now owns 1,034,606 shares of the exchange traded fund’s stock valued at $41,653,000 after purchasing an additional 17,508 shares during the period. Morey & Quinn Wealth Partners LLC bought a new position in shares of First Trust Morningstar Dividend Leaders Index during the 4th quarter worth about $538,000. PKS Advisory Services LLC acquired a new stake in shares of First Trust Morningstar Dividend Leaders Index during the 4th quarter valued at about $1,898,000. Signature Estate & Investment Advisors LLC boosted its position in shares of First Trust Morningstar Dividend Leaders Index by 37.1% during the 4th quarter. Signature Estate & Investment Advisors LLC now owns 10,168 shares of the exchange traded fund’s stock valued at $409,000 after acquiring an additional 2,752 shares in the last quarter. Finally, Modern Wealth Management LLC acquired a new position in First Trust Morningstar Dividend Leaders Index in the fourth quarter worth about $1,096,000.

First Trust Morningstar Dividend Leaders Index Stock Down 0.4 %

Shares of FDL opened at $42.79 on Friday. The company has a 50-day moving average price of $42.63 and a two-hundred day moving average price of $42.03. The stock has a market cap of $5.16 billion, a price-to-earnings ratio of 17.05 and a beta of 0.87. First Trust Morningstar Dividend Leaders Index has a 12 month low of $36.31 and a 12 month high of $44.35.

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.