Signature Estate & Investment Advisors LLC Purchases 2,752 Shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Signature Estate & Investment Advisors LLC increased its position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 37.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,168 shares of the exchange traded fund’s stock after buying an additional 2,752 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $409,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of the company. US Bancorp DE lifted its holdings in shares of First Trust Morningstar Dividend Leaders Index by 34.3% in the 4th quarter. US Bancorp DE now owns 40,165 shares of the exchange traded fund’s stock worth $1,617,000 after acquiring an additional 10,268 shares during the last quarter. Valley National Advisers Inc. lifted its stake in First Trust Morningstar Dividend Leaders Index by 33.6% in the fourth quarter. Valley National Advisers Inc. now owns 3,386 shares of the exchange traded fund’s stock worth $135,000 after purchasing an additional 852 shares during the last quarter. JPMorgan Chase & Co. boosted its position in First Trust Morningstar Dividend Leaders Index by 7.6% during the third quarter. JPMorgan Chase & Co. now owns 1,017,098 shares of the exchange traded fund’s stock valued at $42,667,000 after buying an additional 71,997 shares during the period. FMR LLC grew its stake in shares of First Trust Morningstar Dividend Leaders Index by 67.8% during the third quarter. FMR LLC now owns 23,074 shares of the exchange traded fund’s stock valued at $968,000 after buying an additional 9,320 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its holdings in shares of First Trust Morningstar Dividend Leaders Index by 11.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 21,990 shares of the exchange traded fund’s stock worth $885,000 after buying an additional 2,248 shares during the period.

First Trust Morningstar Dividend Leaders Index Price Performance

Shares of FDL stock opened at $43.40 on Thursday. The business has a 50-day moving average of $42.56 and a 200 day moving average of $42.01. First Trust Morningstar Dividend Leaders Index has a 1-year low of $36.31 and a 1-year high of $44.35. The stock has a market capitalization of $5.23 billion, a PE ratio of 17.05 and a beta of 0.87.

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.