First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) Stake Lifted by IFP Advisors Inc

IFP Advisors Inc increased its stake in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDLFree Report) by 94.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,215 shares of the exchange traded fund’s stock after acquiring an additional 25,783 shares during the period. IFP Advisors Inc’s holdings in First Trust Morningstar Dividend Leaders Index were worth $1,909,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Apollon Wealth Management LLC lifted its position in shares of First Trust Morningstar Dividend Leaders Index by 2.9% in the 4th quarter. Apollon Wealth Management LLC now owns 13,387 shares of the exchange traded fund’s stock valued at $489,000 after acquiring an additional 371 shares in the last quarter. Sound View Wealth Advisors Group LLC lifted its position in shares of First Trust Morningstar Dividend Leaders Index by 2.3% in the 3rd quarter. Sound View Wealth Advisors Group LLC now owns 17,376 shares of the exchange traded fund’s stock valued at $581,000 after acquiring an additional 396 shares in the last quarter. Flagship Harbor Advisors LLC lifted its position in shares of First Trust Morningstar Dividend Leaders Index by 1.7% in the 3rd quarter. Flagship Harbor Advisors LLC now owns 24,072 shares of the exchange traded fund’s stock valued at $805,000 after acquiring an additional 404 shares in the last quarter. Bensler LLC increased its stake in First Trust Morningstar Dividend Leaders Index by 0.6% in the 3rd quarter. Bensler LLC now owns 83,451 shares of the exchange traded fund’s stock valued at $2,791,000 after buying an additional 515 shares during the period. Finally, Bank of Nova Scotia increased its stake in First Trust Morningstar Dividend Leaders Index by 2.1% in the 3rd quarter. Bank of Nova Scotia now owns 25,815 shares of the exchange traded fund’s stock valued at $863,000 after buying an additional 540 shares during the period.

First Trust Morningstar Dividend Leaders Index Trading Down 0.2 %

NYSEARCA:FDL opened at $37.47 on Monday. First Trust Morningstar Dividend Leaders Index has a 1 year low of $31.47 and a 1 year high of $37.99. The firm’s fifty day simple moving average is $36.39 and its 200 day simple moving average is $34.94. The firm has a market capitalization of $4.74 billion, a PE ratio of 12.39 and a beta of 0.86.

About First Trust Morningstar Dividend Leaders Index

(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.

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

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