First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) is Key Client Fiduciary Advisors LLC’s 5th Largest Position

Key Client Fiduciary Advisors LLC raised its holdings in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 0.2% in the 1st quarter, Holdings Channel reports. The institutional investor owned 183,262 shares of the exchange traded fund’s stock after purchasing an additional 409 shares during the quarter. First Trust Morningstar Dividend Leaders Index accounts for about 3.7% of Key Client Fiduciary Advisors LLC’s portfolio, making the stock its 5th largest position. Key Client Fiduciary Advisors LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $7,052,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Icon Wealth Advisors LLC purchased a new position in shares of First Trust Morningstar Dividend Leaders Index during the fourth quarter valued at approximately $795,000. Cullen Frost Bankers Inc. purchased a new stake in shares of First Trust Morningstar Dividend Leaders Index in the fourth quarter valued at approximately $47,000. Sykon Capital LLC purchased a new stake in shares of First Trust Morningstar Dividend Leaders Index in the fourth quarter valued at approximately $313,000. Cedrus LLC boosted its holdings in shares of First Trust Morningstar Dividend Leaders Index by 7.7% in the fourth quarter. Cedrus LLC now owns 59,459 shares of the exchange traded fund’s stock valued at $2,133,000 after purchasing an additional 4,241 shares during the period. Finally, Capital Analysts LLC boosted its holdings in shares of First Trust Morningstar Dividend Leaders Index by 30.4% in the fourth quarter. Capital Analysts LLC now owns 14,939 shares of the exchange traded fund’s stock valued at $536,000 after purchasing an additional 3,484 shares during the period.

First Trust Morningstar Dividend Leaders Index Trading Down 1.1 %

Shares of NYSEARCA FDL traded down $0.42 during trading hours on Tuesday, reaching $38.30. The stock had a trading volume of 434,719 shares, compared to its average volume of 727,748. The firm has a market cap of $3.99 billion, a price-to-earnings ratio of 12.51 and a beta of 0.73. The business’s fifty day moving average price is $38.02 and its two-hundred day moving average price is $37.11. First Trust Morningstar Dividend Leaders Index has a 52-week low of $31.47 and a 52-week high of $39.02.

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.