AIFG Consultants Ltd. Has $5.22 Million Holdings in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

AIFG Consultants Ltd. reduced its stake in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 8.4% in the 3rd quarter, Holdings Channel.com reports. The firm owned 124,498 shares of the exchange traded fund’s stock after selling 11,467 shares during the quarter. First Trust Morningstar Dividend Leaders Index makes up 4.0% of AIFG Consultants Ltd.’s holdings, making the stock its 11th largest holding. AIFG Consultants Ltd.’s holdings in First Trust Morningstar Dividend Leaders Index were worth $5,223,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of the stock. Pathway Financial Advisers LLC raised its stake in shares of First Trust Morningstar Dividend Leaders Index by 124.5% in the 2nd quarter. Pathway Financial Advisers LLC now owns 723 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 401 shares in the last quarter. Whittier Trust Co. of Nevada Inc. bought a new stake in shares of First Trust Morningstar Dividend Leaders Index in the 2nd quarter worth about $38,000. Moisand Fitzgerald Tamayo LLC bought a new stake in shares of First Trust Morningstar Dividend Leaders Index in the 3rd quarter worth about $39,000. Blue Trust Inc. bought a new stake in shares of First Trust Morningstar Dividend Leaders Index in the 3rd quarter worth about $46,000. Finally, Sound Income Strategies LLC bought a new stake in shares of First Trust Morningstar Dividend Leaders Index in the 1st quarter worth about $62,000.

First Trust Morningstar Dividend Leaders Index Price Performance

Shares of FDL traded down $0.46 during trading hours on Monday, hitting $41.98. The stock had a trading volume of 63,619 shares, compared to its average volume of 612,057. The company’s fifty day moving average is $41.42 and its two-hundred day moving average is $39.44. First Trust Morningstar Dividend Leaders Index has a 52 week low of $31.47 and a 52 week high of $42.70. The stock has a market capitalization of $4.38 billion, a price-to-earnings ratio of 12.51 and a beta of 0.73.

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.