First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) Shares Sold by Kowal Investment Group LLC

Kowal Investment Group LLC lowered its holdings in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 1.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 848,683 shares of the exchange traded fund’s stock after selling 8,933 shares during the period. First Trust Morningstar Dividend Leaders Index comprises 6.5% of Kowal Investment Group LLC’s holdings, making the stock its 3rd largest holding. Kowal Investment Group LLC owned about 0.81% of First Trust Morningstar Dividend Leaders Index worth $35,602,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Cetera Investment Advisers boosted its holdings in First Trust Morningstar Dividend Leaders Index by 1,056.4% in the first quarter. Cetera Investment Advisers now owns 2,077,685 shares of the exchange traded fund’s stock valued at $79,949,000 after acquiring an additional 1,898,023 shares during the last quarter. Lloyd Advisory Services LLC. bought a new stake in shares of First Trust Morningstar Dividend Leaders Index in the 1st quarter valued at $10,568,000. First Heartland Consultants Inc. grew its holdings in First Trust Morningstar Dividend Leaders Index by 348.2% during the 2nd quarter. First Heartland Consultants Inc. now owns 238,741 shares of the exchange traded fund’s stock worth $9,055,000 after acquiring an additional 185,470 shares during the period. Raymond James Financial Services Advisors Inc. increased its holdings in First Trust Morningstar Dividend Leaders Index by 9.5% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,941,020 shares of the exchange traded fund’s stock worth $73,623,000 after purchasing an additional 167,698 shares in the last quarter. Finally, Strategic Financial Concepts LLC lifted its position in shares of First Trust Morningstar Dividend Leaders Index by 1,737.5% during the 2nd quarter. Strategic Financial Concepts LLC now owns 164,030 shares of the exchange traded fund’s stock valued at $62,000 after acquiring an additional 155,103 shares during the period.

First Trust Morningstar Dividend Leaders Index Price Performance

Shares of First Trust Morningstar Dividend Leaders Index stock opened at $42.57 on Thursday. The business has a 50-day simple moving average of $41.31 and a 200 day simple moving average of $39.38. First Trust Morningstar Dividend Leaders Index has a one year low of $31.47 and a one year high of $42.70. The firm has a market capitalization of $4.44 billion, a price-to-earnings ratio of 12.51 and a beta of 0.73.

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.