Oppenheimer & Co. Inc. Buys 6,650 Shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Oppenheimer & Co. Inc. grew its stake in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 10.7% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 68,821 shares of the exchange traded fund’s stock after acquiring an additional 6,650 shares during the quarter. Oppenheimer & Co. Inc. owned about 0.07% of First Trust Morningstar Dividend Leaders Index worth $2,610,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Whittier Trust Co. of Nevada Inc. bought a new stake in shares of First Trust Morningstar Dividend Leaders Index during the 2nd quarter valued at $38,000. Jones Financial Companies Lllp acquired a new position in shares of First Trust Morningstar Dividend Leaders Index during the 4th quarter worth $43,000. Sound Income Strategies LLC acquired a new position in shares of First Trust Morningstar Dividend Leaders Index during the 1st quarter worth $62,000. Palisade Asset Management LLC acquired a new position in shares of First Trust Morningstar Dividend Leaders Index during the 1st quarter worth $81,000. Finally, Transcendent Capital Group LLC acquired a new position in shares of First Trust Morningstar Dividend Leaders Index during the 4th quarter worth $79,000.

First Trust Morningstar Dividend Leaders Index Stock Performance

First Trust Morningstar Dividend Leaders Index stock opened at $42.00 on Tuesday. First Trust Morningstar Dividend Leaders Index has a 52 week low of $31.47 and a 52 week high of $42.01. The stock has a market capitalization of $4.38 billion, a P/E ratio of 12.51 and a beta of 0.73. The stock has a fifty day moving average of $40.26 and a 200-day moving average of $38.68.

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.