Avior Wealth Management LLC Grows Position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Avior Wealth Management LLC increased its position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 8.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 7,180 shares of the exchange traded fund’s stock after purchasing an additional 586 shares during the quarter. Avior Wealth Management LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $258,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in FDL. CENTRAL TRUST Co purchased a new position in shares of First Trust Morningstar Dividend Leaders Index in the 3rd quarter valued at approximately $29,000. Tower Research Capital LLC TRC raised its stake in First Trust Morningstar Dividend Leaders Index by 541.0% during the first quarter. Tower Research Capital LLC TRC now owns 859 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 725 shares during the last quarter. Strategic Investment Solutions Inc. IL purchased a new position in First Trust Morningstar Dividend Leaders Index during the second quarter valued at $50,000. Whittier Trust Co. purchased a new position in First Trust Morningstar Dividend Leaders Index during the third quarter valued at $67,000. Finally, Fortis Capital Advisors LLC purchased a new position in First Trust Morningstar Dividend Leaders Index during the fourth quarter valued at $91,000.

First Trust Morningstar Dividend Leaders Index Trading Up 1.7 %

Shares of NYSEARCA:FDL opened at $37.25 on Friday. The stock has a fifty day simple moving average of $37.18 and a two-hundred day simple moving average of $35.50. The stock has a market capitalization of $3.93 billion, a price-to-earnings ratio of 12.41 and a beta of 0.73. First Trust Morningstar Dividend Leaders Index has a 12-month low of $31.47 and a 12-month high of $38.54.

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.