Fmr LLC Raises Position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Fmr LLC lifted its stake in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 67.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 23,074 shares of the exchange traded fund’s stock after buying an additional 9,320 shares during the period. Fmr LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $968,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Aptus Capital Advisors LLC boosted its holdings in First Trust Morningstar Dividend Leaders Index by 4.5% during the 3rd quarter. Aptus Capital Advisors LLC now owns 5,853 shares of the exchange traded fund’s stock worth $246,000 after acquiring an additional 250 shares during the last quarter. Creative Planning boosted its holdings in First Trust Morningstar Dividend Leaders Index by 1.1% during the second quarter. Creative Planning now owns 29,159 shares of the exchange traded fund’s stock worth $1,106,000 after purchasing an additional 328 shares during the last quarter. J.W. Cole Advisors Inc. grew its position in First Trust Morningstar Dividend Leaders Index by 0.6% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 63,357 shares of the exchange traded fund’s stock worth $2,403,000 after purchasing an additional 359 shares in the last quarter. Blair William & Co. IL increased its stake in First Trust Morningstar Dividend Leaders Index by 4.9% in the 2nd quarter. Blair William & Co. IL now owns 7,773 shares of the exchange traded fund’s stock valued at $295,000 after buying an additional 364 shares during the last quarter. Finally, Larson Financial Group LLC lifted its position in shares of First Trust Morningstar Dividend Leaders Index by 1.8% during the 2nd quarter. Larson Financial Group LLC now owns 20,953 shares of the exchange traded fund’s stock worth $795,000 after buying an additional 370 shares in the last quarter.

First Trust Morningstar Dividend Leaders Index Stock Down 1.2 %

FDL stock opened at $40.88 on Tuesday. The firm has a market cap of $4.26 billion, a PE ratio of 12.51 and a beta of 0.73. The business has a 50 day moving average of $42.38 and a 200-day moving average of $40.77. First Trust Morningstar Dividend Leaders Index has a 12-month low of $35.03 and a 12-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.