StoneX Group Inc. Sells 2,193 Shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

StoneX Group Inc. reduced its stake in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 11.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 17,129 shares of the exchange traded fund’s stock after selling 2,193 shares during the quarter. StoneX Group Inc.’s holdings in First Trust Morningstar Dividend Leaders Index were worth $695,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Kovack Advisors Inc. increased its stake in shares of First Trust Morningstar Dividend Leaders Index by 1.9% in the fourth quarter. Kovack Advisors Inc. now owns 17,268 shares of the exchange traded fund’s stock worth $695,000 after purchasing an additional 327 shares in the last quarter. Flynn Zito Capital Management LLC boosted its holdings in First Trust Morningstar Dividend Leaders Index by 1.2% in the 4th quarter. Flynn Zito Capital Management LLC now owns 27,551 shares of the exchange traded fund’s stock worth $1,109,000 after buying an additional 331 shares during the period. KMG Fiduciary Partners LLC increased its stake in First Trust Morningstar Dividend Leaders Index by 1.4% in the 4th quarter. KMG Fiduciary Partners LLC now owns 24,417 shares of the exchange traded fund’s stock worth $983,000 after buying an additional 335 shares in the last quarter. Collaborative Wealth Managment Inc. raised its holdings in First Trust Morningstar Dividend Leaders Index by 0.8% during the fourth quarter. Collaborative Wealth Managment Inc. now owns 57,714 shares of the exchange traded fund’s stock valued at $2,324,000 after acquiring an additional 435 shares during the period. Finally, Gladstone Institutional Advisory LLC lifted its position in shares of First Trust Morningstar Dividend Leaders Index by 1.4% in the fourth quarter. Gladstone Institutional Advisory LLC now owns 36,962 shares of the exchange traded fund’s stock valued at $1,488,000 after acquiring an additional 523 shares in the last quarter.

First Trust Morningstar Dividend Leaders Index Trading Up 0.1 %

NYSEARCA:FDL opened at $43.19 on Thursday. The stock has a 50-day moving average price of $42.76 and a 200 day moving average price of $42.07. The stock has a market capitalization of $5.33 billion, a P/E ratio of 17.19 and a beta of 0.77. First Trust Morningstar Dividend Leaders Index has a 12-month low of $36.31 and a 12-month high of $44.35.

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.