First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) Shares Sold by Benjamin F. Edwards & Company Inc.

Benjamin F. Edwards & Company Inc. reduced its position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 6.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 84,825 shares of the exchange traded fund’s stock after selling 5,442 shares during the quarter. Benjamin F. Edwards & Company Inc.’s holdings in First Trust Morningstar Dividend Leaders Index were worth $3,044,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Capital Analysts LLC lifted its stake in First Trust Morningstar Dividend Leaders Index by 30.4% in the 4th quarter. Capital Analysts LLC now owns 14,939 shares of the exchange traded fund’s stock worth $536,000 after purchasing an additional 3,484 shares in the last quarter. Cedrus LLC lifted its position in First Trust Morningstar Dividend Leaders Index by 7.7% during the fourth quarter. Cedrus LLC now owns 59,459 shares of the exchange traded fund’s stock worth $2,133,000 after buying an additional 4,241 shares in the last quarter. IFP Advisors Inc boosted its stake in First Trust Morningstar Dividend Leaders Index by 94.0% during the fourth quarter. IFP Advisors Inc now owns 53,215 shares of the exchange traded fund’s stock worth $1,909,000 after buying an additional 25,783 shares during the last quarter. CoreCap Advisors LLC purchased a new stake in First Trust Morningstar Dividend Leaders Index in the 4th quarter valued at $767,000. Finally, NewEdge Wealth LLC acquired a new stake in shares of First Trust Morningstar Dividend Leaders Index in the 4th quarter worth $529,000.

First Trust Morningstar Dividend Leaders Index Stock Up 0.5 %

NYSEARCA FDL opened at $37.67 on Friday. The business’s fifty day simple moving average is $37.42 and its 200-day simple moving average is $35.83. The firm has a market cap of $3.93 billion, a PE ratio of 12.51 and a beta of 0.73. First Trust Morningstar Dividend Leaders Index has a 52 week low of $31.47 and a 52 week high of $38.54.

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.