Prosperity Consulting Group LLC Boosts Holdings in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Prosperity Consulting Group LLC grew its holdings in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 18.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 102,672 shares of the exchange traded fund’s stock after buying an additional 15,653 shares during the quarter. Prosperity Consulting Group LLC owned 0.10% of First Trust Morningstar Dividend Leaders Index worth $4,134,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FDL. Mascoma Wealth Management LLC bought a new stake in First Trust Morningstar Dividend Leaders Index during the 4th quarter valued at $28,000. SBI Securities Co. Ltd. purchased a new position in First Trust Morningstar Dividend Leaders Index in the fourth quarter valued at about $31,000. Synergy Asset Management LLC purchased a new stake in shares of First Trust Morningstar Dividend Leaders Index during the fourth quarter valued at about $46,000. Blue Trust Inc. grew 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 buying an additional 913 shares during the last quarter. Finally, Pillar Financial Advisors LLC purchased a new stake in First Trust Morningstar Dividend Leaders Index during the fourth quarter valued at approximately $106,000.

First Trust Morningstar Dividend Leaders Index Trading Down 0.3 %

Shares of FDL stock opened at $40.57 on Friday. The business’s fifty day simple moving average is $41.95 and its 200-day simple moving average is $41.81. First Trust Morningstar Dividend Leaders Index has a 12-month low of $37.13 and a 12-month high of $44.35. The company has a market cap of $5.13 billion, a PE ratio of 14.88 and a beta of 0.77.

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.