Sargent Investment Group LLC Sells 1,895 Shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Sargent Investment Group LLC cut its position in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 2.9% in the third quarter, Holdings Channel reports. The institutional investor owned 62,882 shares of the exchange traded fund’s stock after selling 1,895 shares during the period. Sargent Investment Group LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $2,638,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. Pathway Financial Advisers LLC lifted its holdings in First Trust Morningstar Dividend Leaders Index by 124.5% during the 2nd quarter. Pathway Financial Advisers LLC now owns 723 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 401 shares during the last quarter. Whittier Trust Co. of Nevada Inc. bought a new stake in shares of First Trust Morningstar Dividend Leaders Index during the 2nd quarter valued at about $38,000. Moisand Fitzgerald Tamayo LLC bought a new stake in shares of First Trust Morningstar Dividend Leaders Index during the 3rd quarter valued at about $39,000. Blue Trust Inc. acquired a new position in First Trust Morningstar Dividend Leaders Index during the 3rd quarter worth approximately $46,000. Finally, Strategic Financial Concepts LLC raised its stake in shares of First Trust Morningstar Dividend Leaders Index by 1,737.5% in the second quarter. Strategic Financial Concepts LLC now owns 164,030 shares of the exchange traded fund’s stock worth $62,000 after purchasing an additional 155,103 shares during the last quarter.

First Trust Morningstar Dividend Leaders Index Trading Down 0.0 %

Shares of FDL stock traded down $0.01 during trading on Thursday, hitting $42.13. The company’s stock had a trading volume of 66,574 shares, compared to its average volume of 592,638. The business has a fifty day moving average of $41.88 and a 200-day moving average of $40.02. First Trust Morningstar Dividend Leaders Index has a 52 week low of $33.33 and a 52 week high of $42.96. The company has a market cap of $4.39 billion, a PE ratio of 12.51 and a beta of 0.73.

First Trust Morningstar Dividend Leaders Index 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.