Rehmann Capital Advisory Group Acquires 7,539 Shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Rehmann Capital Advisory Group lifted its holdings in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 6.1% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 131,653 shares of the exchange traded fund’s stock after acquiring an additional 7,539 shares during the quarter. Rehmann Capital Advisory Group owned approximately 0.13% of First Trust Morningstar Dividend Leaders Index worth $5,522,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Freedom Investment Management Inc. raised its holdings in First Trust Morningstar Dividend Leaders Index by 4.2% in the 3rd quarter. Freedom Investment Management Inc. now owns 6,074 shares of the exchange traded fund’s stock worth $255,000 after purchasing an additional 245 shares in the last quarter. Aptus Capital Advisors LLC raised its stake in First Trust Morningstar Dividend Leaders Index by 4.5% in the third quarter. Aptus Capital Advisors LLC now owns 5,853 shares of the exchange traded fund’s stock worth $246,000 after buying an additional 250 shares in the last quarter. Creative Planning lifted its holdings in First Trust Morningstar Dividend Leaders Index by 1.1% in the second quarter. Creative Planning now owns 29,159 shares of the exchange traded fund’s stock worth $1,106,000 after buying an additional 328 shares during the period. J.W. Cole Advisors Inc. boosted its position in First Trust Morningstar Dividend Leaders Index by 0.6% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 63,357 shares of the exchange traded fund’s stock valued at $2,403,000 after acquiring an additional 359 shares in the last quarter. Finally, Blair William & Co. IL grew its holdings in shares of First Trust Morningstar Dividend Leaders Index by 4.9% during the 2nd quarter. Blair William & Co. IL now owns 7,773 shares of the exchange traded fund’s stock worth $295,000 after acquiring an additional 364 shares during the period.

First Trust Morningstar Dividend Leaders Index Stock Down 0.2 %

FDL opened at $42.41 on Wednesday. First Trust Morningstar Dividend Leaders Index has a 52 week low of $34.67 and a 52 week high of $44.07. The stock has a market cap of $4.42 billion, a PE ratio of 12.51 and a beta of 0.73. The business has a 50 day moving average of $42.39 and a 200-day moving average of $40.67.

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.