RFG Advisory LLC Has $243,000 Stake in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

RFG Advisory LLC reduced its holdings in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 27.6% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 6,322 shares of the exchange traded fund’s stock after selling 2,408 shares during the quarter. RFG Advisory LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $243,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in FDL. Jones Financial Companies Lllp acquired a new position in First Trust Morningstar Dividend Leaders Index during the 4th quarter valued at $43,000. Cullen Frost Bankers Inc. bought a new stake in First Trust Morningstar Dividend Leaders Index in the fourth quarter valued at about $47,000. Transcendent Capital Group LLC acquired a new position in shares of First Trust Morningstar Dividend Leaders Index in the 4th quarter worth approximately $79,000. GAMMA Investing LLC acquired a new position in First Trust Morningstar Dividend Leaders Index during the fourth quarter worth $93,000. Finally, Creekmur Asset Management LLC acquired a new stake in shares of First Trust Morningstar Dividend Leaders Index in the 4th quarter valued at $121,000.

First Trust Morningstar Dividend Leaders Index Stock Down 1.1 %

Shares of First Trust Morningstar Dividend Leaders Index stock opened at $38.30 on Wednesday. First Trust Morningstar Dividend Leaders Index has a 12-month low of $31.47 and a 12-month high of $39.02. The stock has a market capitalization of $3.99 billion, a P/E ratio of 12.51 and a beta of 0.73. The company has a 50-day simple moving average of $38.02 and a 200 day simple moving average of $37.11.

About First Trust Morningstar Dividend Leaders Index

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.