CFS Investment Advisory Services LLC Has $3.35 Million Position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

CFS Investment Advisory Services LLC lessened its stake in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 2.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 83,138 shares of the exchange traded fund’s stock after selling 1,789 shares during the quarter. CFS Investment Advisory Services LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $3,347,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of FDL. Freedom Investment Management Inc. lifted its position in First Trust Morningstar Dividend Leaders Index by 4.2% during the third quarter. Freedom Investment Management Inc. now owns 6,074 shares of the exchange traded fund’s stock worth $255,000 after acquiring an additional 245 shares during the last quarter. Aptus Capital Advisors LLC increased its stake in shares of First Trust Morningstar Dividend Leaders Index by 4.5% during the third quarter. Aptus Capital Advisors LLC now owns 5,853 shares of the exchange traded fund’s stock worth $246,000 after purchasing an additional 250 shares during the period. Creative Planning lifted its holdings in First Trust Morningstar Dividend Leaders Index by 1.1% during the 2nd quarter. Creative Planning now owns 29,159 shares of the exchange traded fund’s stock worth $1,106,000 after purchasing an additional 328 shares during the last quarter. KMG Fiduciary Partners LLC boosted its stake in First Trust Morningstar Dividend Leaders Index by 1.4% in the 4th quarter. KMG Fiduciary Partners LLC now owns 24,417 shares of the exchange traded fund’s stock valued at $983,000 after purchasing an additional 335 shares during the period. Finally, Blair William & Co. IL grew its holdings in First Trust Morningstar Dividend Leaders Index by 4.9% in the 2nd quarter. Blair William & Co. IL now owns 7,773 shares of the exchange traded fund’s stock valued at $295,000 after buying an additional 364 shares in the last quarter.

First Trust Morningstar Dividend Leaders Index Price Performance

FDL stock opened at $41.25 on Friday. First Trust Morningstar Dividend Leaders Index has a fifty-two week low of $35.45 and a fifty-two week high of $44.07. The stock has a market capitalization of $4.30 billion, a price-to-earnings ratio of 12.51 and a beta of 0.73. The business’s fifty day moving average price is $41.43 and its two-hundred day moving average price is $41.22.

About First Trust Morningstar Dividend Leaders Index

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.