ROI Financial Advisors LLC Has $3 Million Stock Holdings in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

ROI Financial Advisors LLC grew its position in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 1.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 74,419 shares of the exchange traded fund’s stock after acquiring an additional 773 shares during the quarter. First Trust Morningstar Dividend Leaders Index accounts for 2.0% of ROI Financial Advisors LLC’s holdings, making the stock its 17th biggest position. ROI Financial Advisors LLC owned approximately 0.07% of First Trust Morningstar Dividend Leaders Index worth $2,996,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in FDL. Mascoma Wealth Management LLC acquired a new stake in shares of First Trust Morningstar Dividend Leaders Index in the fourth quarter valued at about $28,000. SBI Securities Co. Ltd. acquired a new position in shares of First Trust Morningstar Dividend Leaders Index during the 4th quarter worth approximately $31,000. Synergy Asset Management LLC acquired a new position in shares of First Trust Morningstar Dividend Leaders Index during the 4th quarter worth approximately $46,000. Blue Trust Inc. raised its stake in shares of First Trust Morningstar Dividend Leaders Index by 84.0% during 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 acquired a new stake in shares of First Trust Morningstar Dividend Leaders Index in the 4th quarter valued at approximately $106,000.

First Trust Morningstar Dividend Leaders Index Trading Down 5.8 %

NYSEARCA:FDL opened at $39.45 on Friday. The firm has a fifty day simple moving average of $42.74 and a 200 day simple moving average of $42.06. First Trust Morningstar Dividend Leaders Index has a 1-year low of $36.31 and a 1-year high of $44.35. The stock has a market capitalization of $4.87 billion, a PE ratio of 17.19 and a beta of 0.77.

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.