First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) Shares Purchased by Bennett Associates Wealth Management

Bennett Associates Wealth Management increased its holdings in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 5.1% in the 4th quarter, HoldingsChannel reports. The firm owned 95,673 shares of the exchange traded fund’s stock after acquiring an additional 4,601 shares during the quarter. First Trust Morningstar Dividend Leaders Index makes up approximately 3.2% of Bennett Associates Wealth Management’s holdings, making the stock its 11th largest holding. Bennett Associates Wealth Management’s holdings in First Trust Morningstar Dividend Leaders Index were worth $3,852,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. Bank of New York Mellon Corp raised its holdings in First Trust Morningstar Dividend Leaders Index by 185.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 16,417 shares of the exchange traded fund’s stock worth $623,000 after purchasing an additional 10,660 shares during the period. Blair William & Co. IL raised its stake 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 buying an additional 364 shares during the period. Benjamin F. Edwards & Company Inc. grew its stake in First Trust Morningstar Dividend Leaders Index by 1.9% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 77,407 shares of the exchange traded fund’s stock valued at $2,936,000 after acquiring an additional 1,468 shares during the period. Commonwealth Financial Services LLC increased its holdings in First Trust Morningstar Dividend Leaders Index by 3.4% in the 2nd quarter. Commonwealth Financial Services LLC now owns 26,553 shares of the exchange traded fund’s stock worth $1,002,000 after acquiring an additional 872 shares in the last quarter. Finally, Daymark Wealth Partners LLC purchased a new position in First Trust Morningstar Dividend Leaders Index during the second quarter valued at $888,000.

First Trust Morningstar Dividend Leaders Index Trading Up 0.6 %

Shares of First Trust Morningstar Dividend Leaders Index stock opened at $40.86 on Friday. First Trust Morningstar Dividend Leaders Index has a twelve month low of $35.03 and a twelve month high of $44.07. The firm has a market capitalization of $4.26 billion, a PE ratio of 12.51 and a beta of 0.73. The firm’s 50-day moving average price is $41.55 and its 200 day moving average price is $41.08.

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.