PKS Advisory Services LLC Buys Shares of 47,143 First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

PKS Advisory Services LLC purchased a new stake in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 47,143 shares of the exchange traded fund’s stock, valued at approximately $1,898,000.

Several other hedge funds have also modified their holdings of the company. Mascoma Wealth Management LLC bought a new position in shares of First Trust Morningstar Dividend Leaders Index during the 4th quarter worth approximately $28,000. SBI Securities Co. Ltd. acquired a new position in shares of First Trust Morningstar Dividend Leaders Index during the fourth quarter worth $31,000. Synergy Asset Management LLC purchased a new stake in shares of First Trust Morningstar Dividend Leaders Index during the 4th quarter valued at $46,000. Blue Trust Inc. boosted its position in shares of First Trust Morningstar Dividend Leaders Index by 84.0% in the 4th quarter. Blue Trust Inc. now owns 2,000 shares of the exchange traded fund’s stock worth $81,000 after purchasing an additional 913 shares in the last quarter. Finally, Pillar Financial Advisors LLC purchased a new position in First Trust Morningstar Dividend Leaders Index during the 4th quarter worth $106,000.

First Trust Morningstar Dividend Leaders Index Stock Performance

First Trust Morningstar Dividend Leaders Index stock opened at $43.48 on Tuesday. The stock has a market cap of $5.24 billion, a PE ratio of 17.05 and a beta of 0.87. The stock has a 50-day moving average of $42.44 and a two-hundred day moving average of $41.99. First Trust Morningstar Dividend Leaders Index has a one year low of $36.31 and a one year high of $44.35.

First Trust Morningstar Dividend Leaders Index Company 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.