Financial Harvest LLC Takes Position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Financial Harvest LLC purchased a new position in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,063 shares of the exchange traded fund’s stock, valued at approximately $365,000.

A number of other large investors have also added to or reduced their stakes in the stock. LPL Financial LLC grew its holdings in shares of First Trust Morningstar Dividend Leaders Index by 7.2% during the 3rd quarter. LPL Financial LLC now owns 8,454,951 shares of the exchange traded fund’s stock worth $354,685,000 after purchasing an additional 566,772 shares in the last quarter. International Assets Investment Management LLC lifted its position in First Trust Morningstar Dividend Leaders Index by 4,114.5% during the third quarter. International Assets Investment Management LLC now owns 5,452,833 shares of the exchange traded fund’s stock worth $228,746,000 after purchasing an additional 5,323,451 shares during the period. Csenge Advisory Group grew its stake in First Trust Morningstar Dividend Leaders Index by 0.8% during the fourth quarter. Csenge Advisory Group now owns 1,741,230 shares of the exchange traded fund’s stock worth $70,102,000 after buying an additional 13,574 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in First Trust Morningstar Dividend Leaders Index by 7.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,017,098 shares of the exchange traded fund’s stock valued at $42,667,000 after buying an additional 71,997 shares during the period. Finally, Janney Montgomery Scott LLC raised its position in shares of First Trust Morningstar Dividend Leaders Index by 2.6% in the 4th quarter. Janney Montgomery Scott LLC now owns 580,744 shares of the exchange traded fund’s stock valued at $23,381,000 after buying an additional 14,894 shares in the last quarter.

First Trust Morningstar Dividend Leaders Index Trading Up 0.4 %

Shares of First Trust Morningstar Dividend Leaders Index stock opened at $43.30 on Friday. The company has a 50 day moving average of $41.12 and a 200-day moving average of $41.54. The company has a market cap of $4.52 billion, a PE ratio of 12.51 and a beta of 0.73. First Trust Morningstar Dividend Leaders Index has a 1-year low of $36.17 and a 1-year high of $44.07.

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.