Blue Trust Inc. Purchases 913 Shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Blue Trust Inc. grew its position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 84.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,000 shares of the exchange traded fund’s stock after acquiring an additional 913 shares during the quarter. Blue Trust Inc.’s holdings in First Trust Morningstar Dividend Leaders Index were worth $81,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of FDL. Valley National Advisers Inc. lifted its position in shares of First Trust Morningstar Dividend Leaders Index by 33.6% during the 4th quarter. Valley National Advisers Inc. now owns 3,386 shares of the exchange traded fund’s stock worth $135,000 after buying an additional 852 shares during the period. JPMorgan Chase & Co. increased its holdings in First Trust Morningstar Dividend Leaders Index by 7.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,017,098 shares of the exchange traded fund’s stock valued at $42,667,000 after purchasing an additional 71,997 shares in the last quarter. FMR LLC increased its holdings in First Trust Morningstar Dividend Leaders Index by 67.8% during the 3rd quarter. FMR LLC now owns 23,074 shares of the exchange traded fund’s stock valued at $968,000 after purchasing an additional 9,320 shares in the last quarter. Assetmark Inc. increased its holdings in First Trust Morningstar Dividend Leaders Index by 14.4% during the 3rd quarter. Assetmark Inc. now owns 3,042 shares of the exchange traded fund’s stock valued at $128,000 after purchasing an additional 382 shares in the last quarter. Finally, Arkadios Wealth Advisors increased its holdings in First Trust Morningstar Dividend Leaders Index by 3.1% during the 4th quarter. Arkadios Wealth Advisors now owns 24,697 shares of the exchange traded fund’s stock valued at $994,000 after purchasing an additional 749 shares in the last quarter.

First Trust Morningstar Dividend Leaders Index Price Performance

FDL stock opened at $43.32 on Monday. The business has a fifty day moving average price of $41.16 and a 200 day moving average price of $41.60. First Trust Morningstar Dividend Leaders Index has a fifty-two week low of $36.19 and a fifty-two week high of $44.07. The stock has a market capitalization of $4.52 billion, a price-to-earnings ratio of 12.51 and a beta of 0.73.

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.