First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) Shares Purchased by HFG Advisors Inc.

HFG Advisors Inc. increased its stake in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 3.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 120,625 shares of the exchange traded fund’s stock after purchasing an additional 4,333 shares during the period. First Trust Morningstar Dividend Leaders Index accounts for about 4.1% of HFG Advisors Inc.’s holdings, making the stock its 6th biggest position. HFG Advisors Inc. owned about 0.11% of First Trust Morningstar Dividend Leaders Index worth $4,642,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Jones Financial Companies Lllp acquired a new position in First Trust Morningstar Dividend Leaders Index in the 4th quarter valued at $43,000. Cullen Frost Bankers Inc. acquired a new stake in shares of First Trust Morningstar Dividend Leaders Index during the 4th quarter worth $47,000. Sound Income Strategies LLC acquired a new stake in shares of First Trust Morningstar Dividend Leaders Index during the 1st quarter worth $62,000. Transcendent Capital Group LLC acquired a new stake in shares of First Trust Morningstar Dividend Leaders Index during the 4th quarter worth $79,000. Finally, GAMMA Investing LLC acquired a new stake in shares of First Trust Morningstar Dividend Leaders Index during the 4th quarter worth $93,000.

First Trust Morningstar Dividend Leaders Index Stock Up 0.1 %

Shares of FDL stock traded up $0.05 on Monday, reaching $37.98. 560,393 shares of the stock were exchanged, compared to its average volume of 719,713. The firm has a 50 day moving average of $38.09 and a two-hundred day moving average of $37.17. First Trust Morningstar Dividend Leaders Index has a 1-year low of $31.47 and a 1-year high of $39.02. The stock has a market cap of $3.96 billion, a P/E ratio of 12.51 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.