Global Retirement Partners LLC Buys 735 Shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Global Retirement Partners LLC lifted its holdings in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 4.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,798 shares of the exchange traded fund’s stock after purchasing an additional 735 shares during the quarter. Global Retirement Partners LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $705,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of the business. Cetera Investment Advisers boosted its stake in shares of First Trust Morningstar Dividend Leaders Index by 1,056.4% in the first quarter. Cetera Investment Advisers now owns 2,077,685 shares of the exchange traded fund’s stock worth $79,949,000 after acquiring an additional 1,898,023 shares during the period. Raymond James Financial Services Advisors Inc. increased its holdings in First Trust Morningstar Dividend Leaders Index by 9.5% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,941,020 shares of the exchange traded fund’s stock worth $73,623,000 after purchasing an additional 167,698 shares during the period. Csenge Advisory Group increased its holdings in First Trust Morningstar Dividend Leaders Index by 6.1% during the 2nd quarter. Csenge Advisory Group now owns 1,740,756 shares of the exchange traded fund’s stock worth $66,027,000 after purchasing an additional 99,653 shares during the period. Cetera Advisors LLC increased its holdings in First Trust Morningstar Dividend Leaders Index by 2.4% during the 1st quarter. Cetera Advisors LLC now owns 1,530,215 shares of the exchange traded fund’s stock worth $58,883,000 after purchasing an additional 36,135 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in First Trust Morningstar Dividend Leaders Index by 3.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,447,886 shares of the exchange traded fund’s stock worth $54,918,000 after purchasing an additional 52,303 shares during the period.

First Trust Morningstar Dividend Leaders Index Stock Down 0.1 %

FDL opened at $42.44 on Monday. The stock’s fifty day moving average is $41.42 and its two-hundred day moving average is $39.44. The company has a market capitalization of $4.43 billion, a P/E ratio of 12.51 and a beta of 0.73. First Trust Morningstar Dividend Leaders Index has a 52 week low of $31.47 and a 52 week high of $42.70.

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.