Moors & Cabot Inc. Sells 3,903 Shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Moors & Cabot Inc. trimmed its stake in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 12.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,564 shares of the exchange traded fund’s stock after selling 3,903 shares during the quarter. Moors & Cabot Inc.’s holdings in First Trust Morningstar Dividend Leaders Index were worth $1,110,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of FDL. SBI Securities Co. Ltd. purchased a new stake in First Trust Morningstar Dividend Leaders Index in the 4th quarter worth approximately $31,000. Synergy Asset Management LLC purchased a new stake in First Trust Morningstar Dividend Leaders Index in the 4th quarter worth approximately $46,000. Blue Trust Inc. lifted its stake 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 purchasing an additional 913 shares during the period. Pillar Financial Advisors LLC purchased a new position in shares of First Trust Morningstar Dividend Leaders Index in the 4th quarter valued at approximately $106,000. Finally, Assetmark Inc. lifted its stake in shares of First Trust Morningstar Dividend Leaders Index by 14.4% in the 3rd 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 period.

First Trust Morningstar Dividend Leaders Index Stock Up 0.1 %

FDL opened at $42.58 on Friday. The stock has a market cap of $4.86 billion, a PE ratio of 19.12 and a beta of 0.90. The business has a 50 day moving average of $41.95 and a 200-day moving average of $41.88. First Trust Morningstar Dividend Leaders Index has a 52 week low of $36.31 and a 52 week high of $44.35.

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.