First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) Shares Sold by HFG Advisors Inc.

HFG Advisors Inc. decreased its holdings in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 0.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 117,803 shares of the exchange traded fund’s stock after selling 773 shares during the quarter. First Trust Morningstar Dividend Leaders Index comprises about 4.1% of HFG Advisors Inc.’s portfolio, making the stock its 6th biggest position. HFG Advisors Inc.’s holdings in First Trust Morningstar Dividend Leaders Index were worth $4,743,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Moisand Fitzgerald Tamayo LLC acquired a new stake in shares of First Trust Morningstar Dividend Leaders Index in 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 $46,000. Synergy Asset Management LLC acquired a new stake in shares of First Trust Morningstar Dividend Leaders Index in the 4th quarter worth $46,000. Valley National Advisers Inc. boosted its position in shares of First Trust Morningstar Dividend Leaders Index by 339.2% in the 3rd quarter. Valley National Advisers Inc. now owns 2,534 shares of the exchange traded fund’s stock worth $105,000 after purchasing an additional 1,957 shares in the last quarter. Finally, Assetmark Inc. boosted its position in shares of 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 in the last quarter.

First Trust Morningstar Dividend Leaders Index Price Performance

First Trust Morningstar Dividend Leaders Index stock opened at $41.53 on Monday. The stock has a market capitalization of $4.33 billion, a price-to-earnings ratio of 12.51 and a beta of 0.73. The business has a fifty day moving average price of $41.34 and a 200-day moving average price of $41.35. First Trust Morningstar Dividend Leaders Index has a 1-year low of $35.45 and a 1-year 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.