Stratos Wealth Partners LTD. Has $3.95 Million Stake in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Stratos Wealth Partners LTD. lessened its holdings in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 0.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 98,191 shares of the exchange traded fund’s stock after selling 591 shares during the quarter. Stratos Wealth Partners LTD. owned 0.09% of First Trust Morningstar Dividend Leaders Index worth $3,953,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Freedom Investment Management Inc. grew its position in First Trust Morningstar Dividend Leaders Index by 4.2% during the third quarter. Freedom Investment Management Inc. now owns 6,074 shares of the exchange traded fund’s stock valued at $255,000 after buying an additional 245 shares during the period. Aptus Capital Advisors LLC boosted its stake in First Trust Morningstar Dividend Leaders Index by 4.5% in the third quarter. Aptus Capital Advisors LLC now owns 5,853 shares of the exchange traded fund’s stock valued at $246,000 after acquiring an additional 250 shares during the last quarter. Creative Planning grew its position in shares of First Trust Morningstar Dividend Leaders Index by 1.1% during the 2nd quarter. Creative Planning now owns 29,159 shares of the exchange traded fund’s stock valued at $1,106,000 after acquiring an additional 328 shares during the period. KMG Fiduciary Partners LLC increased its stake in shares of First Trust Morningstar Dividend Leaders Index by 1.4% during the 4th quarter. KMG Fiduciary Partners LLC now owns 24,417 shares of the exchange traded fund’s stock worth $983,000 after purchasing an additional 335 shares during the last quarter. Finally, Assetmark Inc. lifted its stake in First Trust Morningstar Dividend Leaders Index by 14.4% in the third quarter. Assetmark Inc. now owns 3,042 shares of the exchange traded fund’s stock valued at $128,000 after purchasing an additional 382 shares during the last quarter.

First Trust Morningstar Dividend Leaders Index Price Performance

NYSEARCA:FDL opened at $41.90 on Friday. The company has a market capitalization of $4.37 billion, a P/E ratio of 12.51 and a beta of 0.73. The business has a fifty day simple moving average of $41.18 and a two-hundred day simple moving average of $41.38. First Trust Morningstar Dividend Leaders Index has a 1 year low of $35.45 and a 1 year high of $44.07.

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.