First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) Shares Sold by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. lowered its position in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 14.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 74,701 shares of the exchange traded fund’s stock after selling 13,085 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in First Trust Morningstar Dividend Leaders Index were worth $2,680,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cedrus LLC boosted its holdings in shares of First Trust Morningstar Dividend Leaders Index by 7.7% during the fourth quarter. Cedrus LLC now owns 59,459 shares of the exchange traded fund’s stock worth $2,133,000 after purchasing an additional 4,241 shares during the last quarter. IFP Advisors Inc boosted its stake in First Trust Morningstar Dividend Leaders Index by 94.0% in the 4th quarter. IFP Advisors Inc now owns 53,215 shares of the exchange traded fund’s stock worth $1,909,000 after buying an additional 25,783 shares during the last quarter. Capital Analysts LLC grew its holdings in First Trust Morningstar Dividend Leaders Index by 30.4% in the 4th quarter. Capital Analysts LLC now owns 14,939 shares of the exchange traded fund’s stock valued at $536,000 after buying an additional 3,484 shares during the period. CoreCap Advisors LLC purchased a new position in shares of First Trust Morningstar Dividend Leaders Index during the 4th quarter worth about $767,000. Finally, Collaborative Wealth Managment Inc. boosted its position in shares of First Trust Morningstar Dividend Leaders Index by 4.7% in the third quarter. Collaborative Wealth Managment Inc. now owns 72,388 shares of the exchange traded fund’s stock worth $2,421,000 after acquiring an additional 3,244 shares during the last quarter.

First Trust Morningstar Dividend Leaders Index Price Performance

NYSEARCA:FDL traded up $0.63 during trading hours on Friday, reaching $37.25. 1,623,252 shares of the company were exchanged, compared to its average volume of 823,478. The firm has a market cap of $3.93 billion, a price-to-earnings ratio of 12.41 and a beta of 0.73. The stock has a 50 day simple moving average of $37.18 and a 200 day simple moving average of $35.50. First Trust Morningstar Dividend Leaders Index has a 52-week low of $31.47 and a 52-week high of $38.54.

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.