AIFG Consultants Ltd. Lowers Position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

AIFG Consultants Ltd. lowered its position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 87.4% in the 4th quarter, Holdings Channel reports. The fund owned 15,747 shares of the exchange traded fund’s stock after selling 108,751 shares during the quarter. First Trust Morningstar Dividend Leaders Index accounts for 1.0% of AIFG Consultants Ltd.’s holdings, making the stock its 25th biggest holding. AIFG Consultants Ltd.’s holdings in First Trust Morningstar Dividend Leaders Index were worth $634,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC grew its position in shares of First Trust Morningstar Dividend Leaders Index by 4,114.5% in the 3rd quarter. International Assets Investment Management LLC now owns 5,452,833 shares of the exchange traded fund’s stock worth $228,746,000 after buying an additional 5,323,451 shares during the period. LPL Financial LLC grew its holdings in First Trust Morningstar Dividend Leaders Index by 7.2% in the third quarter. LPL Financial LLC now owns 8,454,951 shares of the exchange traded fund’s stock worth $354,685,000 after purchasing an additional 566,772 shares during the period. Strategic Financial Concepts LLC increased its stake in shares of First Trust Morningstar Dividend Leaders Index by 4,323.7% during the fourth quarter. Strategic Financial Concepts LLC now owns 233,968 shares of the exchange traded fund’s stock valued at $9,420,000 after purchasing an additional 228,679 shares in the last quarter. McAdam LLC bought a new position in shares of First Trust Morningstar Dividend Leaders Index during the fourth quarter valued at approximately $7,729,000. Finally, Retireful LLC purchased a new position in shares of First Trust Morningstar Dividend Leaders Index during the third quarter valued at approximately $4,872,000.

First Trust Morningstar Dividend Leaders Index Trading Up 0.3 %

NYSEARCA FDL opened at $41.86 on Tuesday. First Trust Morningstar Dividend Leaders Index has a 12 month low of $35.45 and a 12 month high of $44.07. The stock’s fifty day moving average price is $41.10 and its 200-day moving average price is $41.43. The stock has a market cap of $4.37 billion, a P/E ratio of 12.51 and a beta of 0.73.

About First Trust Morningstar Dividend Leaders Index

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.