SNS Financial Group LLC Sells 1,670 Shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

SNS Financial Group LLC lowered its position in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 1.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 90,062 shares of the exchange traded fund’s stock after selling 1,670 shares during the period. SNS Financial Group LLC owned about 0.09% of First Trust Morningstar Dividend Leaders Index worth $3,626,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Blue Trust Inc. bought a new stake in First Trust Morningstar Dividend Leaders Index in the 3rd quarter worth approximately $46,000. Private Advisor Group LLC grew its holdings in shares of First Trust Morningstar Dividend Leaders Index by 12.3% during the 3rd quarter. Private Advisor Group LLC now owns 472,857 shares of the exchange traded fund’s stock valued at $19,836,000 after purchasing an additional 51,784 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 3rd quarter. International Assets Investment Management LLC now owns 5,452,833 shares of the exchange traded fund’s stock valued at $228,746,000 after purchasing an additional 5,323,451 shares during the last quarter. Brighton Jones LLC purchased a new position in First Trust Morningstar Dividend Leaders Index in the 3rd quarter worth $259,000. Finally, RiverTree Advisors LLC bought a new stake in First Trust Morningstar Dividend Leaders Index in the third quarter worth $347,000.

First Trust Morningstar Dividend Leaders Index Trading Up 0.7 %

NYSEARCA FDL opened at $43.11 on Thursday. The firm has a market cap of $4.50 billion, a PE ratio of 12.51 and a beta of 0.73. First Trust Morningstar Dividend Leaders Index has a 1-year low of $36.17 and a 1-year high of $44.07. The stock has a 50-day moving average of $41.09 and a 200-day moving average of $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.