Kovitz Investment Group Partners LLC Invests $567,000 in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Kovitz Investment Group Partners LLC purchased a new stake in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDLFree Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 13,506 shares of the exchange traded fund’s stock, valued at approximately $567,000.

Several other institutional investors have also recently bought and sold shares of the business. 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 purchasing an additional 245 shares during the last quarter. Aptus Capital Advisors LLC lifted its holdings in 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 buying an additional 250 shares in the last quarter. Creative Planning boosted its position in First Trust Morningstar Dividend Leaders Index by 1.1% in the 2nd quarter. Creative Planning now owns 29,159 shares of the exchange traded fund’s stock valued at $1,106,000 after buying an additional 328 shares during the last quarter. J.W. Cole Advisors Inc. increased its stake in shares of First Trust Morningstar Dividend Leaders Index by 0.6% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 63,357 shares of the exchange traded fund’s stock valued at $2,403,000 after buying an additional 359 shares during the period. Finally, Blair William & Co. IL raised its position in shares of First Trust Morningstar Dividend Leaders Index by 4.9% during the second quarter. Blair William & Co. IL now owns 7,773 shares of the exchange traded fund’s stock worth $295,000 after acquiring an additional 364 shares during the last quarter.

First Trust Morningstar Dividend Leaders Index Price Performance

Shares of NYSEARCA:FDL opened at $41.90 on Friday. The stock has a market cap of $4.37 billion, a price-to-earnings ratio of 12.51 and a beta of 0.73. The company has a 50 day moving average of $42.41 and a 200-day moving average of $40.69. First Trust Morningstar Dividend Leaders Index has a one year low of $34.67 and a one year high of $44.07.

First Trust Morningstar Dividend Leaders Index Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

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