Regal Investment Advisors LLC Has $479,000 Stock Position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Regal Investment Advisors LLC lowered its stake in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 3.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,626 shares of the exchange traded fund’s stock after selling 500 shares during the quarter. Regal Investment Advisors LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $479,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of FDL. Icon Wealth Advisors LLC acquired a new position in shares of First Trust Morningstar Dividend Leaders Index during the fourth quarter valued at about $795,000. Kingsview Wealth Management LLC raised its holdings in First Trust Morningstar Dividend Leaders Index by 10.2% in the 1st quarter. Kingsview Wealth Management LLC now owns 34,579 shares of the exchange traded fund’s stock valued at $1,331,000 after acquiring an additional 3,211 shares in the last quarter. GSA Capital Partners LLP raised its holdings in First Trust Morningstar Dividend Leaders Index by 3.2% in the 4th quarter. GSA Capital Partners LLP now owns 74,200 shares of the exchange traded fund’s stock valued at $2,662,000 after acquiring an additional 2,318 shares in the last quarter. Creekmur Asset Management LLC bought a new stake in shares of First Trust Morningstar Dividend Leaders Index in the 4th quarter worth approximately $121,000. Finally, D.A. Davidson & CO. grew its holdings in shares of First Trust Morningstar Dividend Leaders Index by 1.2% during the 2nd quarter. D.A. Davidson & CO. now owns 221,565 shares of the exchange traded fund’s stock worth $8,404,000 after purchasing an additional 2,615 shares in the last quarter.

First Trust Morningstar Dividend Leaders Index Trading Down 0.4 %

FDL opened at $41.80 on Wednesday. The stock’s 50 day simple moving average is $40.89 and its 200-day simple moving average is $39.08. The stock has a market cap of $4.36 billion, a PE ratio of 12.51 and a beta of 0.73. First Trust Morningstar Dividend Leaders Index has a 1 year low of $31.47 and a 1 year high of $42.21.

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.