Good Life Advisors LLC Trims Position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Good Life Advisors LLC reduced its position in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 45.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,256 shares of the exchange traded fund’s stock after selling 22,150 shares during the period. Good Life Advisors LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $1,057,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in FDL. Freedom Investment Management Inc. grew its stake in shares of 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 last quarter. Aptus Capital Advisors LLC grew its holdings in shares of First Trust Morningstar Dividend Leaders Index by 4.5% during the 3rd quarter. Aptus Capital Advisors LLC now owns 5,853 shares of the exchange traded fund’s stock worth $246,000 after acquiring an additional 250 shares during the period. KMG Fiduciary Partners LLC grew its stake in First Trust Morningstar Dividend Leaders Index by 1.4% in the fourth 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 period. Assetmark Inc. grew its position 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 worth $128,000 after buying an additional 382 shares during the period. Finally, Gladstone Institutional Advisory LLC grew its holdings in 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 worth $1,488,000 after purchasing an additional 523 shares during the period.

First Trust Morningstar Dividend Leaders Index Trading Up 0.7 %

NYSEARCA FDL opened at $43.11 on Thursday. The stock has a market cap of $4.50 billion, a P/E ratio of 12.51 and a beta of 0.73. First Trust Morningstar Dividend Leaders Index has a 12 month low of $36.17 and a 12 month high of $44.07. The stock’s fifty day moving average price is $41.09 and its 200-day moving average price is $41.52.

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.