Creative Financial Designs Inc. ADV Purchases 23,191 Shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Creative Financial Designs Inc. ADV boosted its position in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 173.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,573 shares of the exchange traded fund’s stock after purchasing an additional 23,191 shares during the period. Creative Financial Designs Inc. ADV’s holdings in First Trust Morningstar Dividend Leaders Index were worth $1,472,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Mascoma Wealth Management LLC bought a new position in shares of First Trust Morningstar Dividend Leaders Index in the 4th quarter valued at about $28,000. SBI Securities Co. Ltd. bought a new position in shares of First Trust Morningstar Dividend Leaders Index in the 4th quarter valued at about $31,000. Synergy Asset Management LLC bought a new position in shares of First Trust Morningstar Dividend Leaders Index in the 4th quarter valued at about $46,000. Blue Trust Inc. grew its holdings in shares of First Trust Morningstar Dividend Leaders Index by 84.0% in the 4th quarter. Blue Trust Inc. now owns 2,000 shares of the exchange traded fund’s stock valued at $81,000 after acquiring an additional 913 shares in the last quarter. Finally, Pillar Financial Advisors LLC bought a new position in shares of First Trust Morningstar Dividend Leaders Index in the 4th quarter valued at about $106,000.

First Trust Morningstar Dividend Leaders Index Price Performance

Shares of NYSEARCA FDL opened at $43.53 on Tuesday. The stock has a market capitalization of $5.25 billion, a price-to-earnings ratio of 17.05 and a beta of 0.87. The business has a 50-day moving average of $42.11 and a 200-day moving average of $41.92. First Trust Morningstar Dividend Leaders Index has a fifty-two week low of $36.31 and a fifty-two week 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.