Cozad Asset Management Inc. Buys 8,718 Shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Cozad Asset Management Inc. boosted its holdings in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 6.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 153,664 shares of the exchange traded fund’s stock after acquiring an additional 8,718 shares during the quarter. Cozad Asset Management Inc.’s holdings in First Trust Morningstar Dividend Leaders Index were worth $6,187,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. LPL Financial LLC increased its stake 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 valued at $354,685,000 after acquiring an additional 566,772 shares during the period. Raymond James Financial Inc. bought a new stake in First Trust Morningstar Dividend Leaders Index in the fourth quarter valued at about $127,327,000. Rockport Wealth LLC increased its stake in First Trust Morningstar Dividend Leaders Index by 19.6% in the fourth quarter. Rockport Wealth LLC now owns 1,951,507 shares of the exchange traded fund’s stock valued at $78,568,000 after acquiring an additional 319,857 shares during the period. Csenge Advisory Group increased its stake in First Trust Morningstar Dividend Leaders Index by 0.8% in the fourth quarter. Csenge Advisory Group now owns 1,741,230 shares of the exchange traded fund’s stock valued at $70,102,000 after acquiring an additional 13,574 shares during the period. Finally, JPMorgan Chase & Co. increased its stake in First Trust Morningstar Dividend Leaders Index by 7.6% in the third quarter. JPMorgan Chase & Co. now owns 1,017,098 shares of the exchange traded fund’s stock valued at $42,667,000 after acquiring an additional 71,997 shares during the period.

First Trust Morningstar Dividend Leaders Index Stock Up 1.1 %

NYSEARCA FDL opened at $43.06 on Monday. The stock has a market cap of $5.19 billion, a P/E ratio of 17.05 and a beta of 0.87. The company’s 50-day simple moving average is $42.04 and its 200 day simple moving average is $41.90. First Trust Morningstar Dividend Leaders Index has a twelve month low of $36.31 and a twelve month high of $44.35.

First Trust Morningstar Dividend Leaders Index Company 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.