First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) Shares Purchased by TRUE Private Wealth Advisors

TRUE Private Wealth Advisors raised its holdings in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 8.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 968,116 shares of the exchange traded fund’s stock after acquiring an additional 75,840 shares during the period. First Trust Morningstar Dividend Leaders Index comprises about 4.4% of TRUE Private Wealth Advisors’ investment portfolio, making the stock its 7th largest holding. TRUE Private Wealth Advisors’ holdings in First Trust Morningstar Dividend Leaders Index were worth $34,736,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. U.S. Capital Wealth Advisors LLC bought a new stake in shares of First Trust Morningstar Dividend Leaders Index in the first quarter valued at about $209,000. NewEdge Advisors LLC lifted its holdings in shares of First Trust Morningstar Dividend Leaders Index by 33.3% in the first quarter. NewEdge Advisors LLC now owns 33,967 shares of the exchange traded fund’s stock valued at $1,272,000 after purchasing an additional 8,486 shares in the last quarter. Equitable Holdings Inc. lifted its holdings in shares of First Trust Morningstar Dividend Leaders Index by 631.8% in the first quarter. Equitable Holdings Inc. now owns 67,319 shares of the exchange traded fund’s stock valued at $2,520,000 after purchasing an additional 58,120 shares in the last quarter. First Trust Advisors LP lifted its holdings in shares of First Trust Morningstar Dividend Leaders Index by 7.1% in the first quarter. First Trust Advisors LP now owns 116,717 shares of the exchange traded fund’s stock valued at $4,370,000 after purchasing an additional 7,740 shares in the last quarter. Finally, Flow Traders U.S. LLC bought a new stake in shares of First Trust Morningstar Dividend Leaders Index in the first quarter valued at about $968,000.

First Trust Morningstar Dividend Leaders Index Trading Up 0.1 %

Shares of First Trust Morningstar Dividend Leaders Index stock traded up $0.05 during trading on Wednesday, reaching $36.43. The stock had a trading volume of 195,718 shares, compared to its average volume of 795,824. The company has a market capitalization of $3.84 billion, a price-to-earnings ratio of 12.41 and a beta of 0.73. The stock has a fifty day moving average price of $37.13 and a two-hundred day moving average price of $35.46. First Trust Morningstar Dividend Leaders Index has a 52 week low of $31.47 and a 52 week high of $38.54.

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.