Kingsview Wealth Management LLC Purchases 4,431 Shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Kingsview Wealth Management LLC grew its position in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 11.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 42,422 shares of the exchange traded fund’s stock after buying an additional 4,431 shares during the quarter. Kingsview Wealth Management LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $1,708,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the company. LPL Financial LLC grew its position in First Trust Morningstar Dividend Leaders Index by 7.2% during the 3rd quarter. LPL Financial LLC now owns 8,454,951 shares of the exchange traded fund’s stock worth $354,685,000 after acquiring an additional 566,772 shares during the last quarter. International Assets Investment Management LLC grew its holdings in shares of First Trust Morningstar Dividend Leaders Index by 4,114.5% during the third quarter. International Assets Investment Management LLC now owns 5,452,833 shares of the exchange traded fund’s stock worth $228,746,000 after purchasing an additional 5,323,451 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of First Trust Morningstar Dividend Leaders Index by 7.6% in the third quarter. JPMorgan Chase & Co. now owns 1,017,098 shares of the exchange traded fund’s stock valued at $42,667,000 after buying an additional 71,997 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of First Trust Morningstar Dividend Leaders Index by 2.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 580,744 shares of the exchange traded fund’s stock valued at $23,381,000 after buying an additional 14,894 shares during the last quarter. Finally, Southland Equity Partners LLC lifted its position in First Trust Morningstar Dividend Leaders Index by 0.5% during the 4th quarter. Southland Equity Partners LLC now owns 480,688 shares of the exchange traded fund’s stock worth $19,353,000 after buying an additional 2,447 shares in the last quarter.

First Trust Morningstar Dividend Leaders Index Stock Up 0.3 %

Shares of NYSEARCA:FDL opened at $41.86 on Tuesday. First Trust Morningstar Dividend Leaders Index has a 12 month low of $35.45 and a 12 month high of $44.07. The firm has a market cap of $4.37 billion, a P/E ratio of 12.51 and a beta of 0.73. The company’s 50-day moving average price is $41.10 and its two-hundred day moving average price is $41.43.

About First Trust Morningstar Dividend Leaders Index

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.