First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) Shares Bought by ORG Partners LLC

ORG Partners LLC increased its holdings in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 344.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 49,013 shares of the exchange traded fund’s stock after purchasing an additional 37,980 shares during the quarter. ORG Partners LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $1,973,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. FMR LLC increased its holdings in shares of First Trust Morningstar Dividend Leaders Index by 67.8% in the third quarter. FMR LLC now owns 23,074 shares of the exchange traded fund’s stock valued at $968,000 after buying an additional 9,320 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of First Trust Morningstar Dividend Leaders Index by 7.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,017,098 shares of the exchange traded fund’s stock worth $42,667,000 after acquiring an additional 71,997 shares during the last quarter. CWM LLC raised its position in shares of First Trust Morningstar Dividend Leaders Index by 59.5% during the third quarter. CWM LLC now owns 18,411 shares of the exchange traded fund’s stock worth $772,000 after purchasing an additional 6,865 shares during the period. B. Riley Wealth Advisors Inc. lifted its holdings in shares of First Trust Morningstar Dividend Leaders Index by 15.5% during the second quarter. B. Riley Wealth Advisors Inc. now owns 86,644 shares of the exchange traded fund’s stock valued at $3,286,000 after purchasing an additional 11,607 shares during the last quarter. Finally, Blue Trust Inc. acquired a new position in shares of First Trust Morningstar Dividend Leaders Index in the 3rd quarter valued at $46,000.

First Trust Morningstar Dividend Leaders Index Price Performance

NYSEARCA FDL traded down $0.45 on Friday, hitting $39.78. 236,707 shares of the company were exchanged, compared to its average volume of 457,490. First Trust Morningstar Dividend Leaders Index has a twelve month low of $35.03 and a twelve month high of $44.07. The firm has a market capitalization of $4.15 billion, a P/E ratio of 12.51 and a beta of 0.73. The company’s 50 day moving average price is $41.74 and its 200-day moving average price is $41.01.

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.