Larson Financial Group LLC Grows Holdings in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Larson Financial Group LLC lifted its holdings in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 18.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,583 shares of the exchange traded fund’s stock after buying an additional 3,201 shares during the quarter. Larson Financial Group LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $739,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. CENTRAL TRUST Co purchased a new stake in shares of First Trust Morningstar Dividend Leaders Index in the 3rd quarter worth about $29,000. Whittier Trust Co. bought a new position in shares of First Trust Morningstar Dividend Leaders Index in the 3rd quarter worth approximately $67,000. Everett Harris & Co. CA bought a new position in shares of First Trust Morningstar Dividend Leaders Index in the 4th quarter worth approximately $204,000. Sterling Investment Management LLC bought a new position in shares of First Trust Morningstar Dividend Leaders Index in the 4th quarter worth approximately $208,000. Finally, Cedar Brook Financial Partners LLC bought a new position in shares of First Trust Morningstar Dividend Leaders Index in the 4th quarter worth approximately $215,000.

First Trust Morningstar Dividend Leaders Index Price Performance

Shares of NYSEARCA:FDL traded up $0.42 during trading on Tuesday, hitting $37.92. The company’s stock had a trading volume of 598,617 shares, compared to its average volume of 819,766. The company has a 50-day moving average of $37.20 and a 200-day moving average of $35.58. First Trust Morningstar Dividend Leaders Index has a 12 month low of $31.47 and a 12 month high of $38.54. The firm has a market cap of $4.00 billion, a price-to-earnings ratio of 12.41 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.