First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) Shares Purchased by Moloney Securities Asset Management LLC

Moloney Securities Asset Management LLC grew its stake in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 3.6% during the fourth quarter, HoldingsChannel reports. The firm owned 31,637 shares of the exchange traded fund’s stock after buying an additional 1,098 shares during the period. Moloney Securities Asset Management LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $1,274,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. JPMorgan Chase & Co. lifted its position in First Trust Morningstar Dividend Leaders Index by 7.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,017,098 shares of the exchange traded fund’s stock worth $42,667,000 after acquiring an additional 71,997 shares in the last quarter. FMR LLC grew its position in First Trust Morningstar Dividend Leaders Index by 67.8% in the third quarter. FMR LLC now owns 23,074 shares of the exchange traded fund’s stock valued at $968,000 after acquiring an additional 9,320 shares in the last quarter. Valley National Advisers Inc. raised its stake in shares of First Trust Morningstar Dividend Leaders Index by 33.6% during the fourth quarter. Valley National Advisers Inc. now owns 3,386 shares of the exchange traded fund’s stock valued at $135,000 after purchasing an additional 852 shares during the period. CWM LLC lifted its position in shares of First Trust Morningstar Dividend Leaders Index by 59.5% during the third quarter. CWM LLC now owns 18,411 shares of the exchange traded fund’s stock worth $772,000 after purchasing an additional 6,865 shares in the last quarter. Finally, Blue Trust Inc. purchased a new position in shares of First Trust Morningstar Dividend Leaders Index in the third quarter valued at $46,000.

First Trust Morningstar Dividend Leaders Index Trading Down 0.4 %

FDL opened at $41.74 on Monday. First Trust Morningstar Dividend Leaders Index has a twelve month low of $35.45 and a twelve month high of $44.07. The firm has a market cap of $4.35 billion, a price-to-earnings ratio of 12.51 and a beta of 0.73. The company has a fifty day simple moving average of $41.13 and a 200 day simple moving average of $41.42.

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.