Sargent Investment Group LLC Has $2.48 Million Stock Holdings in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Sargent Investment Group LLC lessened its position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 1.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 69,082 shares of the exchange traded fund’s stock after selling 938 shares during the quarter. Sargent Investment Group LLC owned approximately 0.05% of First Trust Morningstar Dividend Leaders Index worth $2,479,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. CENTRAL TRUST Co bought a new position in First Trust Morningstar Dividend Leaders Index in the third quarter valued at approximately $29,000. Whittier Trust Co. bought a new position in shares of First Trust Morningstar Dividend Leaders Index during the 3rd quarter worth approximately $67,000. GAMMA Investing LLC bought a new position in shares of First Trust Morningstar Dividend Leaders Index during the 4th quarter worth approximately $93,000. Everett Harris & Co. CA bought a new position in shares of First Trust Morningstar Dividend Leaders Index during the 4th quarter worth approximately $204,000. Finally, Cutter & CO Brokerage Inc. bought a new position in shares of First Trust Morningstar Dividend Leaders Index during the 4th quarter worth approximately $207,000.

First Trust Morningstar Dividend Leaders Index Trading Up 0.6 %

Shares of NYSEARCA FDL opened at $37.59 on Tuesday. First Trust Morningstar Dividend Leaders Index has a 12 month low of $31.47 and a 12 month high of $38.54. The stock has a 50 day moving average of $37.35 and a 200-day moving average of $35.74. The company has a market capitalization of $3.97 billion, a P/E 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.