First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) Shares Sold by Iams Wealth Management LLC

Iams Wealth Management LLC lowered its holdings in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 4.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,887 shares of the exchange traded fund’s stock after selling 551 shares during the period. Iams Wealth Management LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $519,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Pathway Financial Advisers LLC increased its position in shares of First Trust Morningstar Dividend Leaders Index by 124.5% in the second quarter. Pathway Financial Advisers LLC now owns 723 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 401 shares in the last quarter. Moisand Fitzgerald Tamayo LLC purchased a new position in shares of First Trust Morningstar Dividend Leaders Index in the third quarter valued at $39,000. Blue Trust Inc. purchased a new position in shares of First Trust Morningstar Dividend Leaders Index in the third quarter valued at $46,000. Valley National Advisers Inc. boosted its stake in shares of First Trust Morningstar Dividend Leaders Index by 339.2% in the third quarter. Valley National Advisers Inc. now owns 2,534 shares of the exchange traded fund’s stock valued at $105,000 after purchasing an additional 1,957 shares during the period. Finally, Assetmark Inc. boosted its stake in shares of First Trust Morningstar Dividend Leaders Index by 14.4% in the third 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 Price Performance

NYSEARCA FDL opened at $41.76 on Wednesday. First Trust Morningstar Dividend Leaders Index has a 12 month low of $35.45 and a 12 month high of $44.07. The company has a market capitalization of $4.36 billion, a price-to-earnings ratio of 12.51 and a beta of 0.73. The company’s fifty day moving average price is $41.41 and its two-hundred day moving average price is $41.31.

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.