Kestra Private Wealth Services LLC Sells 1,063 Shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Kestra Private Wealth Services LLC lessened its stake in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 1.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 106,652 shares of the exchange traded fund’s stock after selling 1,063 shares during the period. Kestra Private Wealth Services LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $4,294,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. International Assets Investment Management LLC increased its position in shares of First Trust Morningstar Dividend Leaders Index by 4,114.5% during the third quarter. International Assets Investment Management LLC now owns 5,452,833 shares of the exchange traded fund’s stock worth $228,746,000 after acquiring an additional 5,323,451 shares in the last quarter. LPL Financial LLC increased its holdings in First Trust Morningstar Dividend Leaders Index by 7.2% during the 3rd quarter. LPL Financial LLC now owns 8,454,951 shares of the exchange traded fund’s stock worth $354,685,000 after purchasing an additional 566,772 shares in the last quarter. Strategic Financial Concepts LLC raised its stake in shares of First Trust Morningstar Dividend Leaders Index by 4,323.7% in the fourth quarter. Strategic Financial Concepts LLC now owns 233,968 shares of the exchange traded fund’s stock worth $9,420,000 after purchasing an additional 228,679 shares during the last quarter. McAdam LLC purchased a new stake in shares of First Trust Morningstar Dividend Leaders Index in the fourth quarter worth approximately $7,729,000. Finally, Retireful LLC purchased a new position in shares of First Trust Morningstar Dividend Leaders Index during the third quarter valued at approximately $4,872,000.

First Trust Morningstar Dividend Leaders Index Price Performance

Shares of FDL stock opened at $41.86 on Tuesday. The firm has a 50-day moving average of $41.10 and a 200-day moving average of $41.43. First Trust Morningstar Dividend Leaders Index has a one year low of $35.45 and a one year high of $44.07. The company has a market cap of $4.37 billion, a P/E ratio of 12.51 and a beta of 0.73.

First Trust Morningstar Dividend Leaders Index 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.