Wetzel Investment Advisors Inc. Sells 3,278 Shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Wetzel Investment Advisors Inc. decreased its position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 2.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 108,324 shares of the exchange traded fund’s stock after selling 3,278 shares during the period. First Trust Morningstar Dividend Leaders Index makes up 2.2% of Wetzel Investment Advisors Inc.’s portfolio, making the stock its 12th largest position. Wetzel Investment Advisors Inc.’s holdings in First Trust Morningstar Dividend Leaders Index were worth $4,394,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. International Assets Investment Management LLC lifted its holdings in First Trust Morningstar Dividend Leaders Index by 4,114.5% during the third quarter. International Assets Investment Management LLC now owns 5,452,833 shares of the exchange traded fund’s stock worth $228,746,000 after acquiring an additional 5,323,451 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of First Trust Morningstar Dividend Leaders Index by 7.2% during the 3rd quarter. LPL Financial LLC now owns 8,454,951 shares of the exchange traded fund’s stock valued at $354,685,000 after purchasing an additional 566,772 shares in the last quarter. Retireful LLC acquired a new position in shares of First Trust Morningstar Dividend Leaders Index in the 3rd quarter valued at approximately $4,872,000. Fortis Group Advisors LLC increased its stake in First Trust Morningstar Dividend Leaders Index by 668.6% during the 3rd quarter. Fortis Group Advisors LLC now owns 127,060 shares of the exchange traded fund’s stock worth $5,330,000 after purchasing an additional 110,529 shares in the last quarter. Finally, Genesis Private Wealth LLC acquired a new stake in First Trust Morningstar Dividend Leaders Index during the 4th quarter worth approximately $4,059,000.

First Trust Morningstar Dividend Leaders Index Stock Performance

Shares of FDL opened at $41.98 on Tuesday. The firm’s 50 day moving average price is $41.42 and its two-hundred day moving average price is $41.29. First Trust Morningstar Dividend Leaders Index has a twelve month low of $35.45 and a twelve month high of $44.07. The firm has a market cap of $4.38 billion, a P/E ratio of 12.51 and a beta of 0.73.

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.