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

HFG Advisors Inc. increased its position in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 0.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 118,576 shares of the exchange traded fund’s stock after acquiring an additional 707 shares during the quarter. First Trust Morningstar Dividend Leaders Index comprises 4.4% of HFG Advisors Inc.’s holdings, making the stock its 6th biggest position. HFG Advisors Inc. owned 0.11% of First Trust Morningstar Dividend Leaders Index worth $4,974,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of FDL. Kingsview Wealth Management LLC lifted its holdings in shares of First Trust Morningstar Dividend Leaders Index by 10.2% during the 1st quarter. Kingsview Wealth Management LLC now owns 34,579 shares of the exchange traded fund’s stock valued at $1,331,000 after purchasing an additional 3,211 shares during the last quarter. D.A. Davidson & CO. boosted its holdings in First Trust Morningstar Dividend Leaders Index by 1.2% in the second quarter. D.A. Davidson & CO. now owns 221,565 shares of the exchange traded fund’s stock worth $8,404,000 after acquiring an additional 2,615 shares in the last quarter. Belpointe Asset Management LLC boosted its holdings in First Trust Morningstar Dividend Leaders Index by 9.9% in the second quarter. Belpointe Asset Management LLC now owns 17,388 shares of the exchange traded fund’s stock worth $660,000 after acquiring an additional 1,571 shares in the last quarter. Aptus Capital Advisors LLC acquired a new position in shares of First Trust Morningstar Dividend Leaders Index during the second quarter valued at about $213,000. Finally, Private Advisor Group LLC grew its position in First Trust Morningstar Dividend Leaders Index by 4.1% during the 1st quarter. Private Advisor Group LLC now owns 540,210 shares of the exchange traded fund’s stock worth $20,787,000 after purchasing an additional 21,196 shares during the last quarter.

First Trust Morningstar Dividend Leaders Index Stock Performance

FDL stock traded down $0.12 during midday trading on Thursday, reaching $42.45. The stock had a trading volume of 44,233 shares, compared to its average volume of 613,488. The firm has a fifty day simple moving average of $41.31 and a two-hundred day simple moving average of $39.38. The stock has a market cap of $4.43 billion, a PE ratio of 12.51 and a beta of 0.73. First Trust Morningstar Dividend Leaders Index has a 52-week low of $31.47 and a 52-week high of $42.70.

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.