United Bank Has $380,000 Holdings in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

United Bank reduced its holdings in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDLFree Report) by 10.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,367 shares of the exchange traded fund’s stock after selling 1,298 shares during the quarter. United Bank’s holdings in First Trust Morningstar Dividend Leaders Index were worth $380,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. CENTRAL TRUST Co acquired a new position in shares of First Trust Morningstar Dividend Leaders Index in the 3rd quarter worth approximately $29,000. Tower Research Capital LLC TRC boosted its holdings in shares of First Trust Morningstar Dividend Leaders Index by 541.0% in the 1st quarter. Tower Research Capital LLC TRC now owns 859 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 725 shares in the last quarter. Strategic Investment Solutions Inc. IL acquired a new position in First Trust Morningstar Dividend Leaders Index during the 2nd quarter worth $50,000. Whittier Trust Co. acquired a new position in First Trust Morningstar Dividend Leaders Index during the 3rd quarter worth $67,000. Finally, Fortis Capital Advisors LLC acquired a new position in First Trust Morningstar Dividend Leaders Index during the 4th quarter worth $91,000.

First Trust Morningstar Dividend Leaders Index Stock Performance

NYSEARCA:FDL opened at $36.34 on Friday. The stock’s fifty day moving average price is $35.68 and its two-hundred day moving average price is $34.59. First Trust Morningstar Dividend Leaders Index has a 52-week low of $31.47 and a 52-week high of $38.29. The company has a market cap of $4.60 billion, a price-to-earnings ratio of 12.39 and a beta of 0.86.

First Trust Morningstar Dividend Leaders Index Profile

(Free Report)

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.

Read More

Want to see what other hedge funds are holding FDL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDLFree Report).

Institutional Ownership by Quarter for First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Receive News & Ratings for First Trust Morningstar Dividend Leaders Index Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Morningstar Dividend Leaders Index and related companies with MarketBeat.com's FREE daily email newsletter.