Harbour Investments Inc. Has $11.11 Million Stock Position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Harbour Investments Inc. trimmed its holdings in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 2.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 264,833 shares of the exchange traded fund’s stock after selling 6,128 shares during the period. Harbour Investments Inc. owned 0.25% of First Trust Morningstar Dividend Leaders Index worth $11,110,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Kingsview Wealth Management LLC raised its position in shares of First Trust Morningstar Dividend Leaders Index by 10.2% in the first quarter. Kingsview Wealth Management LLC now owns 34,579 shares of the exchange traded fund’s stock valued at $1,331,000 after purchasing an additional 3,211 shares during the period. D.A. Davidson & CO. grew its position in shares of First Trust Morningstar Dividend Leaders Index by 1.2% in the second quarter. D.A. Davidson & CO. now owns 221,565 shares of the exchange traded fund’s stock valued at $8,404,000 after purchasing an additional 2,615 shares during the last quarter. Belpointe Asset Management LLC increased its stake in shares of First Trust Morningstar Dividend Leaders Index by 9.9% during the second quarter. Belpointe Asset Management LLC now owns 17,388 shares of the exchange traded fund’s stock worth $660,000 after purchasing an additional 1,571 shares during the period. Aptus Capital Advisors LLC acquired a new stake in First Trust Morningstar Dividend Leaders Index during the 2nd quarter worth approximately $213,000. Finally, CWM LLC boosted its stake in First Trust Morningstar Dividend Leaders Index by 59.5% in the 3rd quarter. CWM LLC now owns 18,411 shares of the exchange traded fund’s stock valued at $772,000 after purchasing an additional 6,865 shares during the period.

First Trust Morningstar Dividend Leaders Index Stock Performance

FDL opened at $42.24 on Tuesday. The stock has a fifty day moving average of $41.86 and a 200-day moving average of $39.97. The company has a market capitalization of $4.41 billion, a P/E ratio of 12.51 and a beta of 0.73. First Trust Morningstar Dividend Leaders Index has a fifty-two week low of $32.41 and a fifty-two week high of $42.96.

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.