First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) Shares Purchased by Diversified Enterprises LLC

Diversified Enterprises LLC boosted its holdings in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 8.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 21,036 shares of the exchange traded fund’s stock after acquiring an additional 1,638 shares during the period. Diversified Enterprises LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $847,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in FDL. Mascoma Wealth Management LLC acquired a new stake in First Trust Morningstar Dividend Leaders Index in the 4th quarter valued at about $28,000. SBI Securities Co. Ltd. acquired a new stake in First Trust Morningstar Dividend Leaders Index in the 4th quarter valued at about $31,000. Synergy Asset Management LLC acquired a new stake in First Trust Morningstar Dividend Leaders Index in the 4th quarter valued at about $46,000. Blue Trust Inc. grew its stake in First Trust Morningstar Dividend Leaders Index by 84.0% in the 4th quarter. Blue Trust Inc. now owns 2,000 shares of the exchange traded fund’s stock valued at $81,000 after acquiring an additional 913 shares during the last quarter. Finally, Pillar Financial Advisors LLC acquired a new stake in shares of First Trust Morningstar Dividend Leaders Index during the 4th quarter worth about $106,000.

First Trust Morningstar Dividend Leaders Index Price Performance

First Trust Morningstar Dividend Leaders Index stock opened at $43.06 on Friday. First Trust Morningstar Dividend Leaders Index has a 12-month low of $36.31 and a 12-month high of $44.35. The stock has a market capitalization of $5.19 billion, a P/E ratio of 17.05 and a beta of 0.87. The firm’s 50-day moving average is $41.99 and its two-hundred day moving average is $41.88.

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.