Synovus Financial Corp Boosts Holdings in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Synovus Financial Corp raised its position in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 8.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,139 shares of the exchange traded fund’s stock after acquiring an additional 910 shares during the period. Synovus Financial Corp’s holdings in First Trust Morningstar Dividend Leaders Index were worth $449,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. World Investment Advisors LLC purchased a new stake in First Trust Morningstar Dividend Leaders Index in the 3rd quarter worth about $754,000. JPMorgan Chase & Co. raised its holdings 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 worth $42,667,000 after buying an additional 71,997 shares during the period. ORG Partners LLC lifted its stake in shares of First Trust Morningstar Dividend Leaders Index by 344.2% during the 4th quarter. ORG Partners LLC now owns 49,013 shares of the exchange traded fund’s stock worth $1,973,000 after acquiring an additional 37,980 shares during the last quarter. BCS Wealth Management purchased a new position in First Trust Morningstar Dividend Leaders Index during the 4th quarter valued at $221,000. Finally, Thurston Springer Miller Herd & Titak Inc. grew its position in First Trust Morningstar Dividend Leaders Index by 18.9% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,095 shares of the exchange traded fund’s stock valued at $165,000 after acquiring an additional 650 shares during the last quarter.

First Trust Morningstar Dividend Leaders Index Trading Up 1.2 %

NYSEARCA:FDL opened at $40.06 on Friday. The company has a market cap of $4.94 billion, a price-to-earnings ratio of 17.19 and a beta of 0.77. First Trust Morningstar Dividend Leaders Index has a twelve month low of $36.50 and a twelve month high of $44.35. The stock has a fifty day simple moving average of $42.23 and a 200-day simple moving average of $41.87.

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.