Walled Lake Planning & Wealth Management LLC Acquires New Shares in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Walled Lake Planning & Wealth Management LLC bought a new stake in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) in the fourth quarter, Holdings Channel reports. The fund bought 54,022 shares of the exchange traded fund’s stock, valued at approximately $2,175,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. FMR LLC boosted its position in shares of First Trust Morningstar Dividend Leaders Index by 67.8% in the third quarter. FMR LLC now owns 23,074 shares of the exchange traded fund’s stock valued at $968,000 after acquiring an additional 9,320 shares during the period. Freedom Investment Management Inc. increased its holdings in First Trust Morningstar Dividend Leaders Index by 4.2% during the 3rd quarter. Freedom Investment Management Inc. now owns 6,074 shares of the exchange traded fund’s stock worth $255,000 after acquiring an additional 245 shares during the period. CreativeOne Wealth LLC lifted its stake in First Trust Morningstar Dividend Leaders Index by 35.0% in the 3rd quarter. CreativeOne Wealth LLC now owns 22,310 shares of the exchange traded fund’s stock worth $936,000 after purchasing an additional 5,790 shares in the last quarter. Rockefeller Capital Management L.P. boosted its holdings in First Trust Morningstar Dividend Leaders Index by 8.3% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 186,112 shares of the exchange traded fund’s stock valued at $7,807,000 after purchasing an additional 14,265 shares during the period. Finally, Captrust Financial Advisors grew its position in shares of First Trust Morningstar Dividend Leaders Index by 56.1% during the 3rd quarter. Captrust Financial Advisors now owns 17,616 shares of the exchange traded fund’s stock valued at $739,000 after purchasing an additional 6,329 shares in the last quarter.

First Trust Morningstar Dividend Leaders Index Stock Performance

First Trust Morningstar Dividend Leaders Index stock opened at $42.79 on Friday. First Trust Morningstar Dividend Leaders Index has a fifty-two week low of $36.31 and a fifty-two week high of $44.35. The stock has a market cap of $5.16 billion, a P/E ratio of 17.05 and a beta of 0.87. The firm’s fifty day moving average price is $42.63 and its 200-day moving average price is $42.03.

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.