Ameriprise Financial Inc. boosted its stake in shares of First Trust Morningstar Divid Ledr (NYSE:FDL) by 56.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 353,195 shares of the exchange traded fund’s stock after buying an additional 127,582 shares during the quarter. Ameriprise Financial Inc.’s holdings in First Trust Morningstar Divid Ledr were worth $9,948,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. JFS Wealth Advisors LLC boosted its stake in shares of First Trust Morningstar Divid Ledr by 48.5% in the second quarter. JFS Wealth Advisors LLC now owns 381,520 shares of the exchange traded fund’s stock valued at $10,732,000 after purchasing an additional 124,581 shares during the period. Private Advisor Group LLC boosted its stake in shares of First Trust Morningstar Divid Ledr by 5.4% in the second quarter. Private Advisor Group LLC now owns 245,518 shares of the exchange traded fund’s stock valued at $6,845,000 after purchasing an additional 12,550 shares during the period. Stephens Inc. AR boosted its stake in shares of First Trust Morningstar Divid Ledr by 4.8% in the second quarter. Stephens Inc. AR now owns 244,340 shares of the exchange traded fund’s stock valued at $6,873,000 after purchasing an additional 11,160 shares during the period. National Planning Corp boosted its stake in shares of First Trust Morningstar Divid Ledr by 17.3% in the second quarter. National Planning Corp now owns 147,071 shares of the exchange traded fund’s stock valued at $4,161,000 after purchasing an additional 21,740 shares during the period. Finally, IFP Advisors Inc boosted its stake in shares of First Trust Morningstar Divid Ledr by 10.8% in the second quarter. IFP Advisors Inc now owns 82,648 shares of the exchange traded fund’s stock valued at $2,325,000 after purchasing an additional 8,036 shares during the period.

First Trust Morningstar Divid Ledr (NYSE FDL) opened at 29.12 on Friday. The stock has a 50 day moving average of $28.78 and a 200 day moving average of $28.54. First Trust Morningstar Divid Ledr has a 1-year low of $26.08 and a 1-year high of $29.47.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 22nd were given a $0.2125 dividend. The ex-dividend date of this dividend was Thursday, September 21st. This represents a $0.85 annualized dividend and a yield of 2.92%.

ILLEGAL ACTIVITY WARNING: “First Trust Morningstar Divid Ledr (FDL) Shares Bought by Ameriprise Financial Inc.” was reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this story on another website, it was stolen and republished in violation of US and international trademark and copyright laws. The correct version of this story can be read at https://www.thecerbatgem.com/2017/10/13/first-trust-morningstar-divid-ledr-fdl-shares-bought-by-ameriprise-financial-inc.html.

First Trust Morningstar Divid Ledr 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.

Institutional Ownership by Quarter for First Trust Morningstar Divid Ledr (NYSE:FDL)

Receive News & Stock Ratings for First Trust Morningstar Divid Ledr Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Morningstar Divid Ledr and related stocks with our FREE daily email newsletter.