First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) Shares Acquired by Lion Street Advisors LLC

Lion Street Advisors LLC boosted its holdings in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 5.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,190 shares of the exchange traded fund’s stock after purchasing an additional 1,132 shares during the quarter. Lion Street Advisors LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $893,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Moisand Fitzgerald Tamayo LLC bought a new position in First Trust Morningstar Dividend Leaders Index during the 3rd quarter worth $39,000. Blue Trust Inc. acquired a new stake in shares of First Trust Morningstar Dividend Leaders Index in the 3rd quarter worth about $46,000. Synergy Asset Management LLC bought a new stake in First Trust Morningstar Dividend Leaders Index in the 4th quarter valued at about $46,000. Valley National Advisers Inc. boosted its stake in First Trust Morningstar Dividend Leaders Index by 339.2% during the 3rd quarter. Valley National Advisers Inc. now owns 2,534 shares of the exchange traded fund’s stock valued at $105,000 after purchasing an additional 1,957 shares during the period. Finally, Assetmark Inc. grew its position in First Trust Morningstar Dividend Leaders Index by 14.4% in the 3rd quarter. Assetmark Inc. now owns 3,042 shares of the exchange traded fund’s stock worth $128,000 after purchasing an additional 382 shares during the last quarter.

First Trust Morningstar Dividend Leaders Index Trading Up 0.2 %

FDL opened at $41.66 on Wednesday. The business’s 50 day moving average is $41.25 and its 200-day moving average is $41.37. The stock has a market cap of $4.35 billion, a PE ratio of 12.51 and a beta of 0.73. First Trust Morningstar Dividend Leaders Index has a twelve month low of $35.45 and a twelve month high of $44.07.

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.