Stephens Inc. AR Buys 48,174 Shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Stephens Inc. AR boosted its holdings in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 9.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 549,604 shares of the exchange traded fund’s stock after buying an additional 48,174 shares during the quarter. Stephens Inc. AR’s holdings in First Trust Morningstar Dividend Leaders Index were worth $22,127,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in FDL. Brookstone Capital Management bought a new position in First Trust Morningstar Dividend Leaders Index in the 3rd quarter valued at approximately $215,000. CWM LLC raised its holdings in First Trust Morningstar Dividend Leaders Index by 59.5% in the 3rd quarter. CWM LLC now owns 18,411 shares of the exchange traded fund’s stock valued at $772,000 after buying an additional 6,865 shares during the last quarter. Lion Street Advisors LLC raised its holdings in First Trust Morningstar Dividend Leaders Index by 5.5% in the 3rd quarter. Lion Street Advisors LLC now owns 21,058 shares of the exchange traded fund’s stock valued at $883,000 after buying an additional 1,099 shares during the last quarter. Priebe Wealth Holdings LLC increased its position in First Trust Morningstar Dividend Leaders Index by 19.9% during the 3rd quarter. Priebe Wealth Holdings LLC now owns 24,062 shares of the exchange traded fund’s stock valued at $1,009,000 after purchasing an additional 3,990 shares during the period. Finally, Next Level Private LLC increased its position in First Trust Morningstar Dividend Leaders Index by 3.0% during the 3rd quarter. Next Level Private LLC now owns 232,090 shares of the exchange traded fund’s stock valued at $9,736,000 after purchasing an additional 6,811 shares during the period.

First Trust Morningstar Dividend Leaders Index Stock Performance

NYSEARCA:FDL opened at $41.74 on Friday. The company has a market capitalization of $4.35 billion, a PE ratio of 12.51 and a beta of 0.73. The company has a 50 day simple moving average of $41.13 and a two-hundred day simple moving average of $41.40. First Trust Morningstar Dividend Leaders Index has a fifty-two week low of $35.45 and a fifty-two week 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.